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The Conference Board Consumer Confidence Index in U.S. improved in January

Christian Fernsby |
The Conference Board Consumer Confidence Index improved moderately in January, after decreasing in December.

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Topics: U.S.   

The Index now stands at 89.3 (1985=100), up from 87.1 in December.

However, the Present Situation Index – based on consumers' assessment of current business and labor market conditions – decreased from 87.2 to 84.4. The Expectations Index – based on consumers' short-term outlook for income, business, and labor market conditions – increased from 87.0 in December to 92.5 this month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen. The cutoff date for the preliminary results was January 14.

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