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May 2012 - Volume 20, Number 2

   

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Consumer Confidence Index

Consumer Confidence Index

 

The national Consumer Confidence Index (CCI) decreased slightly in March, to 70.2. Consumers remained more pessimistic, 32.7 percent saying business conditions were “bad.” The same was true for perceptions of the job market, with 9.4 percent considering jobs “plentiful,” but vastly more, 41 percent, saying jobs were “hard to get.” The Rural Mainstreet Index for Iowa remained at 59.6 in March. According to Jim Eckert, president of Anchor State Bank in Anchor, Ill., “Farmers and local businesses are reluctant to expand due to high fuel costs, increasing regulations, and the uncertain economic situation.”

 

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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