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 56.6, the Present Situation Index has gained 180% from its December 2009 low point, but still sits well below 100. The index is now just 5% below the pre-crash low point of 59.7 in September 2003, and sits between levels seen on the way down in September and October 2008. Meanwhile, as expectations for the future continue to climb, they have hit 85.1 as of November.
No big surprises in this data. The slog continues, with slow but steady improvement most months.