It’s been a few months since we visited the subject of consumer confidence, so let’s update our interactive chart again. You can drag the time sliders below the chart to view data going all the way back to 1998.
At 51.4, the Present Situation Index has gained 154% from its December 2009 low point, but still sits well below 100, and even 14% below the pre-crash low point of 59.7 in September 2003. Meanwhile, although expectations for the future have been slowly climbing as well, they too sit well below 100.
It still looks like we’re just going to continue this slow climb out of the gutter for quite some time.