(Repeats to additional subscribers, with no change to text)
Jan 26 (BestGrowthStock) – The Conference Board’s U.S. consumer
confidence index rose in January to 55.9 from an upwardly
revised 53.6 in December, the private business research group
reported on Tuesday.
Economists polled by Reuters had forecast a reading of 53.5
in the January index.
Below are the highlights of the survey:
COMPOSITE SERIES INDEX NUMBERS (1985=100 Seasonally Adjusted)
Jan Dec Rev From Nov
Overall Index 55.9 53.6 52.9 50.6
Present Situation 25.0 20.2 18.8 21.2
Expectations 76.5 75.9 75.6 70.3
PRESENT SITUATION INDEX: PERCENT
Jan Dec Rev From Nov
Business Conditions
Good 9.0 7.5 7.0 8.1
Bad 46.1 45.7 46.6 44.5
Normal 44.9 46.8 46.4 47.4
Employment
Jobs Plentiful 4.3 3.1 2.9 3.1
Jobs not so plentiful 48.3 48.8 48.5 47.7
Jobs hard to get 47.4 48.1 48.6 49.2
EXPECTATIONS FOR SIX MONTHS HENCE: PERCENT
Jan Dec Rev From Nov
Business Conditions
Better 20.9 21.2 21.3 19.7
Worse 12.7 11.8 11.9 14.6
Same 66.4 67.0 66.8 65.7
Employment
More jobs 15.5 16.4 16.2 15.8
Fewer jobs 18.9 20.6 20.7 23.1
Same 65.6 63.0 63.1 61.1
Income
Increase 10.3 10.4 10.3 10.9
Decrease 16.2 18.4 18.0 18.9
Same 73.5 71.2 71.7 70.2
Inflation Rate (Non-Seasonally Adjusted)
Average Jan Dec Rev from Nov
5.3 5.2 5.1 5.2
The monthly survey of roughly 5,000 U.S. households is
conducted by NFO Research Inc. of Greenwich, Connecticut, for
the Conference Board, a New York-based business and economics
research group funded by major corporations globally.
Investment Basics
RPT-TABLE-US consumer confidence 55.9 in Jan-Conf Board
