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From Home Furnishing Business
FastFact: Consumer Confidence Drives Spending
December 7,
2015 by in Economic News, Industry
Consumer confidence has been on the upswing over the last few years, and that trend bodes well for furniture sales.
One of the U.S. economy’s key indicators of health, consumer confidence taps into the psyche of consumers and how they are feeling about the economy, jobs, and more. The higher confidence, the more likely consumers are to spend.
Since the recession, confidence in the economy has steadily increased. The complete FastFact is available online.