Feb 21, 201202:54 PMDaily Biz Briefs
Consumer confidence holding steady
Feb 21, 2012 - 02:54 PM
The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, held steady on Tuesday at 90.3. Consumer confidence increased following the government's upbeat report on job creation, peaking at 93.1 over a week ago, the highest level measured in over a year. The index has returned to levels measured before the jobs report since then. Confidence is up two points from a week ago, four points from a month ago and 21 points from three months ago.
However, according to Rasmussen, just 34 percent of consumers rate their personal finances as good or excellent, while 23 percent rate them as poor. Among investors, 50 percent rate their personal finances as good or excellent and just 11 percent rate their own finances poorly.
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