Conference Board’s statewide index for April was down 11% in a month and off 17% in a year.
”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.My trusty spreadsheet analyzed the Conference Board’s monthly consumer confidence indexes for the state, which are based on regular polling of shoppers. We also peeked at the national results and optimism scores for two California economic rivals: Texas and Florida.
Consider that this confidence index comprises two measures of shopper thinking – views on the “present situation” and “expectations.” Also, there’s a big “but” because shoppers, statewide and nationally, are very worried about the future.
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