Somehow consumer confidence enjoyed a slight uptick in November, but it went away in December, according to the latest thermometer reading by economy watchdog Conference Board. Consumers registered a less than robust confidence temperature of 44.7 in November, a number that dwindled down to frigid 38.0 for December. Present situation figures started lower and dropped even further, going from 42.3 in November to an Antarctic 29.4 in December. At least only 32.8% think things figure to get worse over the next six months, but even that number is up from November, when only 28.3% took this gloomy viewpoint.
RBR/TVBR observation: Somebody needs to prove these pessimists wrong. We nominate us. Let’s keep a positive attitude, help keep people’s spirits up and turn this economy around.