Consumer confidence is inching back up (even January’s dip has been revised upward a bit).

People still aren’t feeling great about the present moment, but expectations for the future are getting rosier.

The index is currently sitting at about 2015 levels.

Interestingly:

Consumers’ plans to buy big-ticket items over the next six months rose

The generational split is interesting too (even though generations are garbage)

@llbbl it’s a great question. It’s like cost of living indices, where 100 is pegged to a baseline location. In this case, 1985 is the 100 baseline. So people are less confident than the Bowling for Soup song.

Alternatively, they might be trying to normalize “110(+)%”