The Present Situation Index increased from 85.5 to 92.0.
The Expectations Index slipped to 90.8 from 91.2.
The key takeaway from the report is that attitudes about current conditions improved for the first time in four months, aided by some improvement in the view of labor market conditions.FEB | JAN | DEC | NOV | OCT | |
---|---|---|---|---|---|
Conference Board | 91.3 | 88.9 | 87.1 | 92.9 | 101.4 |
Expectations | 90.8 | 91.2 | 87.0 | 84.3 | 98.2 |
Present Situation | 92.0 | 85.5 | 87.2 | 105.9 | 106.2 |
Employment ('plentiful' less 'hard to get') | 0.7 | -2.5 | -1.9 | 6.9 | 7.1 |
1 yr inflation expectations | 6.3% | 6.0% | 6.0% | 5.7% | 5.6% |