The Conference Board’s Consumer Confidence Index, which had increased in December, improved further in January. The Index now stands at 106.3 (1985=100), up from 103.8 in December. The Present Situation Index rose to 128.4 from 120.7. The Expectations Index declined to 91.5 from 92.6 last month.
"Consumer confidence is now at its highest level in more than three years (June 2002, 106.3)," said Lynn Franco, director of the Conference Board’s Consumer Research Center. "This month’s incr
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