Consumer confidence up, says new survey

By WEEK Producer

Consumer confidence up, says new survey

January 4, 2013 Updated Jan 4, 2013 at 5:54 PM CDT

WASHINGTON, D.C. -- Consumer confidence is back on the right track.
 
According to the Rasmussen Consumer Index, consumer confidence rates at 100.1, which is up two points from a week ago and up five points from a month ago. Overall, the score is up 19 points from three months ago.
 
The report showed that consumer confidence during the month of December 2012 was the highest it has been since 2007.
 
However, analysts say while the numbers sound positive, perspective should be taken into account as the rating is about the same as it was in the aftermath of the 9/11 terrorist attacks in 2001.
 
While consumer confidence reached a new high Friday, the Rasmussen Investor Index gave back yesterday’s gain and fell five points to 104.4.

Investor confidence is down six points from a week ago, but up two points from a month ago, and up 13 points from three months ago.

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