Most Active Stories
- Saratoga County Sheriff's Sgt. Resigns, Charged With Misconduct After Video Goes Viral
- Donation Of Historic Amusement Park May Be Brought To Referendum
- Maloney: de Blasio "Should Have Head Examined" After Withholding Clinton Endorsement
- Pittsfield's 3rd Thursdays Undergoes Changes For 2015 Season
- Shakespeare & Company's Founding Artistic Dir. Speaks About Recent Leadership Resignations
Tue April 24, 2012
Consumer Confidence Held Steady This Month
After a slight decline in March, the widely watched consumer confidence index from the private Conference Board "was virtually unchanged in April," the research group reports.
"The index now stands at 69.2, down slightly from 69.5 in March," it says.
"Overall, consumers are more upbeat about the state of the economy, but they remain cautiously optimistic," Lynn Franco, director of the board's consumer research center, adds in its release.
Consumer confidence is a key economic indicator, of course, because consumers drive demand for goods and services. They purchase about 70 percent of what businesses produce.