Consumers are more confident about the economy, but still a bit worried.
The Consumer Confidence Index was 55.9 this month, up from December's level of 53.6, the Conference Board reported today.
The New York City-based research organization's survey of 5,000 families also indicated that the Present Situation Index, which measures consumer assessment of current conditions, rose dramatically to 25 from 20.02.
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The percentage of consumers describing business conditions as "good" increased to 9.0%, from 7.5% in December, while those saying conditions are "bad" also increased, to 46.1%, compared with 45% in December.
The percentage of those who said jobs are "hard to get" fell to 47.4% from 48.1% in December, and those who said jobs are "plentiful" increased to 4.3% from 3.1% in December.
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