November Consumer Confidence

November 28, 2006 – The Conference Board’s Consumer Confidence Index fell by 2.2 index points to 102.9 in November (Chart 1). This index has fluctuated between 100 and 110 for the last twelve months.

Chart 1. The Consumer Confidence Index. January 2000 through November 2006.

By broad historical standards, these are healthy levels of consumer confidence (Chart 2).

Chart 2. The Consumer Confidence Index. February 1967 through November 2006.

Bottom line: No major new developments on the consumer confidence front.

Suzanne Rizzo

Sources:

The Conference Board, Inc. (http://www.conference-board.org) - the Consumer Confidence Index and related information.
National Bureau of Economic Research (http://www.nber.org) - recession dates.