3 money moves to make in 2024
The monthly report surveys 5,000 American households about their expectations for savings, unemployment and the overall economy in the next six months. The latest CCI, released Dec. 20, reached 110.7, up from 101.0 in November 2023.
"It was really a sharp uptick – just about every measure throughout the survey was positive," said Dana Peterson, chief economist at the Conference Board, the nonprofit think tank that calculates the CCI. "Not only was it the amount of increase that was surprising, but also the breadth of improvement."
Peterson credits cooling inflation and the recent decline in mortgage rates for consumers' rosy outlook during the holiday season. Despite some economists still predicting a mild economic slowdown later in 2024, most respondents didn't believe the US would go into a recession next year.
Optimism about the economy was visible across all ages and income levels, she said, but the gains were largest among households with income levels of $125,000 and above. Consumers' top issue is still rising prices, according to write-in responses, with concerns about interest rates, politics and global conflicts all receding.
-
1:44
Hack
1 day agoHow to Unlock Your Car in 30 Seconds
17.1K16 -
8:06
ErmzPlays
19 hours agoThe Acolyte Episode 4 - From Stupid To Insane
8.26K11 -
10:12
China Uncensored
10 hours agoBoeing Has a BIG China Problem
13.1K21 -
1:02
Maicy Renee
12 hours agoGetting That Beach Body Ready Yall!
16.4K5 -
42:43
The Why Files
1 day agoProof of Life After Death: Hope and a Warning From The Other Side
23.7K57 -
16:37
Scammer Payback
1 day agoHere's the Scammer's Location 👉 (28°34'05.1"N 77°24'00.9"E)
33K21 -
2:42:09
Fresh and Fit
8 hours agoSmash A Guy In The Friend-Zone Or Dinner With Mustache Man?
78.7K72 -
4:56:08
Alex Zedra
9 hours agoLIVE! Playing Chained Together
40K28 -
6:57:52
Akademiks
16 hours ago"The Pop Out" - Kendrick Lamar & Friends Concert
229K64 -
1:29:07
The Anthony Rogers Show
18 hours agoEpisode 322 - Lilly Gaddis
31.5K