The FINANCIAL — The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, remained steady on Sunday at 80.3.
The consumer index is down four points from a week ago and down 10 points from three months ago. The Consumer Index is still up seven points since the death of Osama bin Laden.
The Rasmussen Investor Index was down slightly on Sunday to 92.6. That’s up eight points since bin Laden's death. Investor Confidence is down three points from a week ago and down six points from three months ago.
Just 29% of Adult Consumers think the economy is getting better these days, while 50% disagree and say it is getting worse. Investors are slightly more optimistic. Thirty-six percent (36%) of investors believe the economy is getting better, while 44% say it is getting worse.
Most American adults continue to believe interest rates will be higher in one year's time, but a majority says the rates they're paying now haven't changed over the past year.
Americans continue to believe that the bailouts of the financial and auto industries were bad for the country. Looking back, just 25% believe they were good for the U.S.
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The Rasmussen Consumer Index and Investor Indexes are derived from nightly telephone surveys of 500 adults and reported on a three-day rolling average basis. The baseline for the Index was established at 100.0 in October 2001. Readings above 100.0 indicate that confidence is higher than in the baseline month. Detailed supplemental information is available for Platinum Members. Historical data for the Consumer and Investor indexes as well as attitudes about the economy and personal finances are also available to Platinum Members.
The Rasmussen Consumer Index reached its highest level ever at 127.0 on January 6, 2004. The all-time low was reached on March 10, 2009 at 54.7.
The Rasmussen Investor Index reached its highest level ever at 150.9 on January 7, 2004. The lowest level ever measured was 52.5 on March 9, 2009.
The baseline for the Rasmussen Consumer Index was established at 100.0 in October 2001. At 80.3, overall levels of economic confidence are significantly lower today than they were in the aftermath of the 9-11 terrorist attack.
Source: Rasmussen Reports
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