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From Home Furnishing Business
FastFact: The Trifecta of Employment, Income and Consumer Confidence
December 14,
2015 by in Economic News, Industry
As employment numbers and salaries increase, so does consumer confidence climb.
The latest FastFact showcases the correlation between the three economic indicators and spotlights the ups and downs of consumer confidence from 2007 through the current month.
Since bottoming out in 2010, employment has increased 8 percent. Incomes remained flat during the recession, but gained momentum after 2009. As those two indicators bounced back, consumer confidence continued to climb steadily.
The complete FastFact is available online.