Consumer confidence didn’t fall in January, but it remains low, according to the Discover US Spending Monitor.
The survey found that only 31 percent of respondents thought the economy improved in January, which was almost the same as the December number. And just 15 percent of those polled thought the economy was good or excellent, the same number as the previous month. The overall confidence level on the economy was about the same as the previous month.
“People have tended to be cautious about the economy for a long time. We haven’t seen much change in that sentiment for a while,” said Matt Towson, a spokesman for the poll.
The Discover US Spending Monitor surveys some 8,200 consumers over the course of a month. It talks to about 275 people per night.
Consumer confidence treaded water in Jan.
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Consumer confidence treaded water in Jan.
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Consumer confidence treaded water in Jan.
