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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.


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