Items Tagged with 'Lynn Franco'

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  • Consumer Confidence Up Sharply

    The Conference Board Consumer Confidence Index, which made considerable gains in April, surged again in May to its highest level in eight months, as employment concerns ease. The index now stands at 54.9, up from 40.8 in April and significantly higher than February's reading of 25.0. "Continued gains in the Present Situation Index indicate that current conditions have moderately improved, and growth in the second quarter is likely to be less negative than in the first," says Lynn Franco, Director of the Board's research center.
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  • Yet Another Plunge in Consumer Confidence

    The Conference Board Consumer Confidence Index, which decreased slightly in January, fell to an all-time low in February. The Index now stands at 25.0, down from 37.4 in January. The Present Situation Index and Expectations Index also deteriorated, dropping to 21.2 from 29.7 last month, and to 27.5 from 42.5, respectively.
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  • Consumer Confidence Reaches Record Low

    Well, We'd like to tell you consumer confidence is on the rise -- goodness, if just for a change in pace -- just as we'd like to tell you foreclosures were on the downfall and unemployment claims were rapidly falling, but unfortunately, that's not the case.  Consumer confidence actually hit a record low in January amid worries over future income, according to the Conference Board's monthly index reported Tuesday. The proportion of consumers expecting an increase in their incomes declined to 10 percent from 12.7 percent in December.
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  • Consumer Confidence Hits Record Low in December

    Consumer confidence reached a new record low in December, thrashing the moderate gain in confidence reported in November, according to indices released Tuesday by The Conference Board Inc. The December index fell to 38 -- with a baseline confidence reading of 100 in 1985 -- from the 44.7 index recorded in November.
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