Consumer Confidence Dips Again in March

It’s time for another update of our interactive chart of Consumer Confidence. You can drag the time sliders below the chart to view data going all the way back to 1998.

Here’s the data as of March:

At 57.9, the Present Situation Index has gained 187% from its December 2009 low point, but fell 6% from its February level. The index is at roughly the same place it was in September 2008. The expectations index also fell in March, dropping 16% from its February level.

It will be interesting to see if the ongoing “sequestration” cuts combined with the increasingly noisy posturing from North Korea have an effect on Consumer Confidence this month.

  

About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

7 comments:

  1. 1

    Where’s Pffft When We Need Him?

    He’ll tell us inflation is only like 1-2%, we should be buying things like crazy….food and gas don’t matter, they aren’t in the inflation anyway….

    Rate this comment: Thumb up 0

  2. 2
    blurtman says:

    Who needs consumers? Screw ‘em.

    Rate this comment: Thumb up 0

  3. 3
    NESeattleSeller says:

    The graphic doesn’t work for me. I use NoSccript to prevent malware install. Which of the 11 domains running scripts on this page is the one providing the graph? Thanks for everything else. The blog usually works fine.

    Rate this comment: Thumb up 0

  4. 4
    The Tim says:

    RE: NESeattleSeller @ 3 – There’s a script running on this domain and one running at https://www.google.com/jsapi

    Rate this comment: Thumb up 0

  5. 5
    David Losh says:

    RE: The Tim @ 4

    doesn’t work.

    Rate this comment: Thumb up 0

  6. 6
    Jay says:

    It works if you use Google Chrome.

    Rate this comment: Thumb up 0

  7. 7
    pfft says:

    By softwarengineer @ 1:

    Where’s Pffft When We Need Him?

    He’ll tell us inflation is only like 1-2%, we should be buying things like crazy….food and gas don’t matter, they aren’t in the inflation anyway….

    are you serious? inflation IS about 2% and yes food and gas are in the CPI. this is just neverending. the Fed looks at core CPI because CPI is more volatile. they don’t want to make rash moves and raise or lower rates due to what might be temporary price movements. food and gas are volatile. they could give false signals.

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