US households planning fewer purchases; Conf. Board index down again in Feb

28 February 2023

 

Summary: Conference Board Consumer Confidence Index falls in February, reading less than expected; fewer consumers planning to buy major appliances, vehicle, houses; large drops in confidence for households aged 35 to 54, households earning $35,000 or more; views of present conditions improve, short-term outlook deteriorates again. US consumer confidence clawed its way back to neutral over the five years after the GFC in 2008/2009 and then went from strength to...

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