Consumer confidence edges up in October

Published online: Oct 26, 2010 News Trade Only Today
Viewed 136 time(s)

The Conference Board Consumer Confidence Index, which had declined in September, increased slightly in October.

The index stands at 50.2, up from 48.6 in September.

"Consumer confidence, while slightly improved from September levels, is still hovering at historically low levels. Consumers' assessment of the current state of the economy is relatively unchanged, primarily because labor market conditions have yet to significantly improve," said Lynn Franco, director of The Conference Board Consumer Research Center, in a statement.

Consumers' appraisal of current conditions was somewhat mixed in October. Those who say business conditions are "bad" decreased to 41.9 percent from 46 percent and those who say business conditions are "good" edged up to 8.5 percent from 8.2 percent.

Consumers' assessment of the labor market, however, was less favorable in October. Those who say jobs are "hard to get" rose to 46.1 percent from 45.8 percent and those who say jobs are "plentiful" decreased to 3.5 percent from 3.8 percent.

You May Also Be Interested In...

April 16, 2015

Breaking News

The National Marine Manufacturers Association canceled the Progressive Chicago In-Water Boat Show, which was set to take place June 11-14, and will stop producing the annual show.
April 16, 2015

West Marine announces new "Deck Out Dad" social media contest

West Marine has launched a new social media campaign called Deck Out Dad!
April 03, 2015

66 Days At Sea

We are happy to report that after being adrift at sea and lost for 66 days, Louis Jordan has been rescued 200 miles off the coast of South Carolina.
April 01, 2015

JC Manufacturing becomes JC TriToon Marine

Formerly known as JC Manufacturing, the Indiana-based pontoon manufacturer has officially changed its name to JC TriToon Marine.
March 31, 2015

Cascade Cycleboats launches pedal-powered boat tours

A rickshaw by any other name...wouldn't be a rickshaw anymore, I guess. But Cascade Cycleboats certainly evoke those three-wheeled conveyances of years past.
March 19, 2015

Carefree Boat Club adds location in Georgia

Carefree Boat Club has just opened a brand new location, adding to its ever-growing lineup.
Follow us on Facebook!  Follow us on Instagram!  Follow us on Twitter!  Follow us on YouTube!