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August 2013 - Volume 21, Number 3

   

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Consumer Confidence Index

 

The national Consumer Confidence Index (CCI) remains neurotic, swinging from 62 last June to 73 in October 2012, back down to 58 in January 2013, and most recently up to 81. According to the CCI, “Consumers are considerably more positive about business and labor market conditions than they were at the beginning of the year.” The midwest regional RMI increased from the high 50s to just over 60 in June. Jeffrey Gerhart, Chairman of the Bank of Newman Grove in Nebraska, reported, “Corn and soybeans are in and growing without the assistance of irrigation in our area. What a difference one year makes.”

 

Source: Conference Board, “Consumer Confidence Survey,” and Creighton University

 

IOWA ECONOMIC SCORECARD is our quarterly economic forecast, arriving in February, May, August,
and November. It consists of statistics about and analysis of the Iowa economy.

 

IOWA ECONOMIC SCORECARD is published by Public Interest Institute at Iowa Wesleyan College, a
nonpartisan, nonprofit, research and educational institute whose activities are supported by contributions from private individuals, corporations, companies, and foundations. The Institute does not accept government grants.

 

Contributions are tax-deductible under sections 501(c)(3) and 170 of the Internal Revenue Code.

 

Permission to reprint or copy in whole or part is granted, provided a version of this credit line is used: “Reprinted by permission from IOWA ECONOMIC SCORECARD, a quarterly newsletter of Public Interest Institute.” The views expressed in this publication are not necessarily those of Public Interest Institute. They are brought to you in the interest of a better-informed citizenry because IDEAS DO MATTER.

 

   

 

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