US household confidence improves as households look to better prospects

26 January 2021

 

Summary: US consumer confidence rises in January; Conference Board index increases, more than expected; view of present conditions deteriorate, views of future conditions improve; COVID-19 “still the major suppressor”.   After the GFC in 2008/09, US consumer confidence clawed its way back to neutral over a number of years and then went from strength to strength until late 2018. Measures of consumer confidence then oscillated within a fairly narrow band...

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