Confident Consumers
Since the conclusion of the presidential election, consumer confidence as measured by the Conference Board has shot up an amazing 12.8% to 113.70, its highest reading since 8/01! Similarly, the University of Michigan consumer sentiment index is up 12.3% at 98, its second-best level in over a decade. Lastly, small business sentiment as measured by the National Federation of Independent Business is now at its third best reading since 2007.
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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com
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