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Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom
After Boomers and Gen X dragged The Conference Board Confidence measure down to eight month lows to end 2025, expectations were for a rebound to start 2026.
Instead, January was a bloodbath with all the cohorts tumbling. Today sees February's data released with expectations for a rebound, particularly in expectations... and the consensus was right.
The headline Consumer Confidence print rose from 84.5 (revised dramatically up to 89.0) to 91.2 (better than the 87.1 expected)
Under the hood it was kind of crazy with the...
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