Cleaning & Restoration Breaking News

Conference Board's CCI climbs second straight month

January 30, 2002
/ Print / Reprints /
ShareMore
/ Text Size+
The Conference Board's Consumer Confidence Index climbs for the second consecutive month in January.

NEW YORK -- The Conference Board's (www.conference-board.org) Consumer Confidence Index (CCI) rose for the second consecutive month in January. The CCI now stands at 97.3 (1985=100), up nearly three points from 94.6 in December.

The Expectations Index rose from 92.4 to 96.9. The Present Situation Index remained unchanged at 97.8.

The Conference Board's monthly Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households, conducted for the The Conference Board by NFO WorldGroup, a member of The Interpublic Group of Companies (NYSE:IPG).

"While the economy has not turned around yet, the worst may well be over," said Lynn Franco, director of The Conference Board's Consumer Research Center. "The upturn in confidence is being driven by growing confidence about the business outlook and job prospects. Consumer expectations for the future are now higher than they have been in more than a year."

Consumers are more upbeat about economic prospects six months from now. Those expecting an improvement in business conditions rose to 25 percent, up from 22.2 percent in December. Those anticipating conditions to worsen fell to 9.6 percent, down from 11.6 percent.

The Conference Board, a not-for-profit, 501 (c) (3) tax-exempt organization, creates and disseminates knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. Working as a global, independent membership organization in the public interest, it conducts research, convenes conferences, makes forecasts, assesses trends, publishes information and analysis, and brings executives together to learn from one another.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.

Podcasts

Have a limited marketing budget but realize the importance of neighborhood marketing? Try doorknob hangers, a low-cost, yet highly effective way to drum up more business. In this episode, John Braun discusses the value of this tactic as well as what you should include on the materials you're hanging.
More Podcasts

ICS Cleaning Specialist Magazine

CoverImage

2014 September

The September issue of ICS features stories on moisture detection, disinfectant services, neighborhood marketing, then we discuss the last level of being phenomenal, and cool products.

Table Of Contents Subscribe

Social Media

Social media is a good way to regularly keep in touch and interact with current clients and reach potential ones. What social mediums do you use in your cleaning/restoration business?
View Results Poll Archive

THE ICS STORE

Get Paid! book cover
Get Paid! (ebook)
Over 30 authors – over 40 articles…from attorneys, contractors, consultants, instructors and others, both inside and outside the restoration industry. R & R, C & R and Cleanfax, opened their archives and gave us the best they had, other chapters were created just for the “Get Paid!” book and its readers. And every one of them has ideas for how to get paid what you are owed.

More Products

ICS DIRECTORY AND BUYING GUIDE

Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view

TRUCKMOUNT EQUIPMENT AND ACCESSORIES GUIDE

Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view

STAY CONNECTED

facebook_40.png twitter_40px.png youtube_40px.pngcrc logo