Consumer Confidence Is Up. Wait, Compared To What?

Do you feel more confident? According to the Conference Board, consumer confidence is up to its highest level in eight months, and made its biggest increase in six years.

Fewer Americans said jobs were “hard to get,” the survey found, with that measure slipping to 44.7 percent from 46.6 percent. Those saying jobs were plentiful climbed to a still meager 5.7 percent, but that was still higher than April’s 4.9 percent.

“Consumers are considerably less pessimistic than they were earlier this year,” said Lynn Franco, director of The Conference Board’s Consumer Research Center.

Respondents claiming that “jobs are plentiful” were reached during a tropical cruise in Alaska. On a boat full of mermaids and unicorns.

U.S. consumer confidence sees biggest jump in 6 years [Reuters]

(Photo: dooleymtv)