Stat Flash: Economic Perception remains a concern
Consumer research from Port Washington, N.Y.-based NPD Group shows some positive movement in consumer sentiment in January, but concerns linger.
The January figure for the NPD U.S. Economic Perception Indicator rose to 40.0 on a scale of 0 -- "very concerned" -- to 100 -- "very confident." The figure is an improvement upon 37.4 recorded in December, but it is below the year-ago figure of 41.4:
• January 2012: 40.0
• December 2011: 37.4
• January 2011: 41.4
"While a one-month uptick does not suggest a trend, it does seem to suggest that consumers are coming out of the holidays with a little more optimism than when they went in," according to NPD.
Younger consumers appear more confident than older consumers, according to the NPD's analysis.
The NPD Group's U.S. Economic Perception Indicator measures consumer beliefs about the current and near-term state of the U.S. economy.