Consumer Confidence Index Up in September - Modern Distribution Management

Log In

Consumer Confidence Index Up in September

Consumer confidence remains strong, with growth of more than 3 percent expected for the remainder of 2018, Conference Board data shows.
Author
Date

The Conference Board Consumer Confidence Index increased in September, following improvement in August. The Index now stands at 138.4, up from 134.7 in August, and is approaching the 18-year high of 144.7 reached in 2000, according to the group’s most recently monthly data.

Consumers’ outlook on current conditions remains high, bolstered by a strong economy and robust job growth, according to Lynn Franco, director of economic indicators at The Conference Board. The group’s Expectations Index surged in September, suggesting growth in excess of 3 percent for the remainder of the year, she added.

“After a considerable improvement in August, Consumer Confidence increased further in September and hovers at an 18-year high,” Franco said in announcing the results September 25. “… These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they begin gearing up for the holiday season.”

 

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.