Conference Boards Consumer Research Center

Consumer Confidence Index Surges in December

Americans are gaining faith that the economy is on the upswing. The monthly Consumer Confidence Index surged to the highest level since April and is approaching a post-recession peak. The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose almost 10 points to 64.5, up from a revised 55.2 in November.

Americans in November More Confident About Economy

Americans' confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season. The Conference Board, a private research firm, says Tuesday that its Consumer Confidence Index rose 15 points to 56.0, the biggest jump since the 59.2 reading in July.

Consumer Confidence Rises in August

U.S. consumer confidence unexpectedly rose to 53.5 in August, the Conference Board said, as Americans became somewhat more positive about the short-term outlook for the economy. A Bloomberg survey had expected the index to rise to 51.0 in August from 50.4 in July. In August, two of the index's three components rose, with consumers' expectations for both the job market and the future economic conditions showing improvement.