CHART - TurnSignals

Published on .

Prospects for a near-term turnaround in advertising and media are murky, but fickle consumers seem to be casting their lot with those still betting on a second-half recovery. More interest rate cuts, controlled inflation and steady unemployment rates gave consumer confidence another shot in the arm in June, according to the Conference Board's consumer confidence index.

Expectations for the next six months

Jan. Feb. March April May June

Economy

Better 13.1% 11.3% 15.1% 14.1% 16.8% 17.1%

Worse 15.2% 17.6% 13.7% 14.5% 13.5% 11.1%

Same 71.7% 71.1% 71.2% 71.4% 69.7% 71.8%

Jobs

More 11.7% 10.8% 12.2% 12.3% 13.8% 15.6%

Fewer 21.5% 26.6% 20.4% 22.9% 19.9% 18%

Same 66.8% 62.7% 67.4% 64.8% 66.3% 66.4%

Incomes

Higher 24.1% 23.9% 23.4% 22.7% 24.6% 23.7%

Lower 6.8% 7.5% 7.0% 7.7% 7.5% 7.1%

Same 69.1% 68.6% 69.6% 69.6% 67.9% 69.2%

But consumers are still cautious to spend on big-ticket items.

Plans to buy in the next six months

Jan. Feb. March April May June

Auto 7.8% 9.0% 7.9% 7.7% 9.5% 6.7%

Home 3.3% 4.0% 4.2% 3.6% 3.6% 3.4%

Appliances 28.1% 28.3% 28.9% 29.8% 30.2% 27%

Source: Conference Board's monthly consumer confidence survey of 5,000 U.S. households by NFO WorldGroup

In this article:
Most Popular