Tuesday, May 26, 2009

Consumers Confident?

The Lehmann Letter ®

Today the Conference Board announced (http://www.conference-board.org/economics/ConsumerConfidence.cfm ) that consumer confidence jumped in May after making a good gain in April.

Confidence now stands at 54.9. You can see that it was less than 30 earlier in the year.

Consumer Confidence

(Click on chart to enlarge)

(Recessions shaded)

Is this the light at the end of the tunnel?

We’ll stay tuned.

(The chart was taken from http://www.beyourowneconomist.com. [Click on Seminars and then Charts.] Go there for additional charts on the economy and a list of economic indicators.)

© 2009 Michael B. Lehmann

No comments: