Consumer Confidence Index Rebounds
Nov 26, 2002, 12:00 AM
The Conference Board's Consumer Confidence Index, which has declined for five straight months, rebounded in November. The Index now stands at 84.1 (1985=100), up from 79.6 in October. The Expectations Index rose to 88.4 from 81.1. But the Present Situation Index remains relatively flat, edging up to 77.6 from 77.2. The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households. The monthly survey is conducted for The Conference Board by NFO WorldGroup, a member of The Interpublic Group of Companies. The November preliminary survey period dates were November 1st - 18th.