For the fourth consecutive month, the Conference Board’s California Consumer Confidence Index rose, bringing it to February 2020 – pre=pandemic levels.
Some sections of the Index rose higher than others. The view of current business conditions, while rising nearly 16 points to 74.8, is still well below the February 2020 mark of 152.3.
On the other hand, the shoppers’ outlook for the future easily surpassed February 2020. Taken all together, the Index shows California consumer confidence is headed in the right driection.