OK, maybe the sky really is falling

At least the US Consumer Confidence Index is—does that make it so?

Jon Peddie

Source Consumer Confidence Board The Conference Board Consumer Confidence Index fell to 101.3 in April from 104.0 in March, with the Expectations Index taking a hit and remaining below the recession-indicator level of 80, except for one month. Consumers’ assessment of the current business and labor market conditions slightly improved, but their expectations for the short-term outlook deteriorated, especially for those under 55 years of age and households earning over $50,000. The monthly survey shows that consumers became more pessimistic about business and labor market conditions, while their short-term income prospects were somewhat more favorable. Consumer spending, which is the

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch