The different measures of consumer confidence showed differing results this June. The Thomson Reuters and University of Michigan Consumer Sentiment Index was more or less unchanged from May, falling a small 0.5% on a seasonally adjusted basis. The Consumer Confidence Index from the Conference Board rose 9.6% in May from April on a seasonally adjusted basis. Both indexes consist of a current conditions component as well as a consumer expectations component. The difference between the two is that the Consumer Confidence Index displayed a boost in both current conditions and consumer expectations while the Consumer Sentiment Index only showed a loss in consumer expectations.
Read the full article here: Measures of Consumer Confidence Show Mixed Results but Similar Conclusions