Consumer Confidence: Upward Trend Resumed?

The Lehmann Letter (SM)

The May 27 letter speculated that consumer confidence’s climb out of recession’s ditch might be over. But June 24’s announcement from the Conference Board was upbeat:

https://www.conference-board.org/press/pressdetail.cfm?pressid=5224

Consumer Confidence

5.4 Consumer Confidence 05-27-14

Recessions shaded

The Conference Board reported consumer confidence of 85.2 for June.

Use that number to update the record below:

2013

March           61.9

April              69.0

May              74.3

June             82.1

July              81.0

August          81.8

September    80.2

October        72.4

November     72.0

December     77.5

2014

January        79.4

February       78.3

March           83.9

April              81.7

May              82.2

June             85.2

Let’s see whether or not this re-starts the upward climb.

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© 2014 Michael B. Lehmann