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Consumer Confidence Near Record Low

Housing prices in 20 major cities fell at record monthly and annual levels in January. Conference Board’s confidence survey shows the number of consumers saying jobs are plentiful held at 4.6 percent. Those saying jobs were hard to get rose to 48.7 percent, a 17-year high, from 46.9 percent in February. Housing prices have plunged 29.1 percent nationally since they peaked during the second quarter of 2006. Phoenix, Las Vegas, San Francisco and San Francisco have seen huge drops in prices.”]

Source: https://www.bankinfosecurity.com/consumer-confidence-near-record-low-a-1341

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