Here’s the Consumer Confidence data as of September:
Allow ’ s check in in on the newest data from the Consumer Confidence Index before the month is over.
The total Consumer Confidence Index now sits at 138.4, up three percent in a month and upwards fifteen per cent from a year ago.
Click below to your interactive Consumer Confidence chart in Tableau.
The Expectations Index rose in September, up five percent and is up from a year before by twelve percent.
In 173.1, the Present Situation Index increased less than 1 percent between August and September, and is up 5 percent by a year earlier. The Present Situation Index is now up 757 percent from its December 2009 point, and is now 25 percent higher than the peak in July 2007.
You can use the sliders below the interactive graph below to zoom in on the data for a particular period.
All three parts of the index are approaching the highs they hit in 2000. It s intriguing to me despite the optimism in the present situation index and the expectations indicator we re seeing a drop-off that is non-trivial in home sales this year, resulting in a steady rise of inventory.
Why would home revenue be falling off, if everybody is confident about the market? I’m attracted back to near-record-low affordability levels. It doesn’Regardless of how confident men and women are if they simply can’t afford to get a house in their market.
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