Los Altos & Palo Alto Real Estate Insight

Consumer Confidence Up in the West, Bucking the National Trend

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The economic recovery has certainly gained traction on the San Francisco Peninsula & Silicon Valley!  The Conference Board reported a decline in March, “The Conference Board Consumer Confidence Index®, which had increased in February, declined in March. The Index now stands at 63.4 (1985=100), down from 72.0 in February”, but broken down by region, consumer confidence in the Western U.S. was up significantly while confidence was down significantly in the eastern U.S.

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Topics: Market Trends, Quarterly Updates

This entry was posted on Thursday, April 21st, 2011 at 1:33 pm and is filed under Market Trends, Quarterly Updates. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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