From the latest consumer confidence survey:
Consumers’ assessment of current conditions was more favourable in February. Those claiming business conditions are “good” increased slightly to 13.3 per cent from 13.2 per cent, while those claiming business conditions are “bad” decreased to 31.2 per cent from 38.3 per cent. Consumers’ appraisal of the labour market was also less pessimistic. Those stating jobs are “plentiful” increased to 6.6 per cent from 6.2 per cent, while those saying jobs are “hard to get” decreased to 38.7 per cent from 43.3 per cent.
And those numbers translate into real economic data.
Check out this killer chart from Reuters’ Scotty Barber: