The Conference Board by Nielson has released data that shows consumer confidence levels are now at 91.3%. Nielson has successfully found these results from their Consumer Confidence Survey, which is distributed monthly to better understand consumers’ perceptions of current businesses and labor market conditions.
Confidence levels among consumers had climbed from 88.9% in January to 91.3%, which signals a steady improvement from the last three months. Consumers have a positive outlook when it comes to future business conditions and the job market.
“While the Expectations Index fell marginally in February, consumers remain cautiously optimistic, on the whole, about the outlook for the coming months,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
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