California Association of Realtors
Consumer confidence improves in DecemberThe Conference Board
Consumer Confidence Index improved to 64.5 (1985=100) in December, up from 55.2
in November. The Present Situation Index increased to 46.7 from 38.3, and the
Expectations Index rose to 76.4 from 66.4.
Consumers' assessment of current conditions improved in December. Those
stating business conditions are "good" increased to 16.6 percent from 13.9
percent, while those stating business conditions are "bad" declined to 33.9
percent from 38.0 percent. Consumers' assessment of the job market also was more
positive. Those claiming 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 percent.
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