According to the Conference Board, the Consumer Confidence Index for December hit 64.5, up from 55.2 in November. December confidence levels beat analyst’s expectations that the index would rise to 58.9 and consumer confidence is now at its highest level since April. The proportion of consumers expecting the business climate to improve over the next six months rose to 16.7 percent from 13.7 percent, while those expecting business conditions will worsen declined to 13.4 percent from 16.1 percent.
Respondents that believe jobs are “plentiful” increased to 6.7 percent from 5.6 percent, while those claiming jobs are “hard to get” decreased to 41.8 percent from 43.0 percent.
Those that plan to buy a home within six months improved slightly, those that plan to buy a vehicle fell to the lowest level of the year, and people planning on taking a vacation hit hits highest level for the year.
Read The Full Article at: http://agbeat.com/real-estate-mortgage-economy/consumer-confidence-levels-beat-expectations/
Filed under: Buyers Info Tagged: | Consumer Confidence, sherry Wiggs, Westchester Real Estate
