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July 09, 2003

Consumer Confidence Reaches Six Month

Consumer Confidence Reaches Six Month High - The Berg Index of consumer confidence crept up to a score of 10 this week, on news of a new two-week contracting job at a major local company, and several new job leads popping up in the past few days. This is a six month high for the index.

Experts say the index was held back from a bigger jump due to waiting for word about a third interview at a local Fortune 500 company.

The Berg Index - which rates consumer confidence on a scale of 1 to 100, and is the only such index or poll recognized by Shot In The Dark - plummeted to an all-time low of 0 in January with the demise of my last long-term contracting gig. It hovered between 0 and 2 through February, March and April, and then climbed briefly to an 8 in May. Experts attributed that climb to my little two-week contracting job at a major local company. The index then went back to a 3 for most of June, as several long-term job leads evaporated unexpectedly.

Posted by Mitch at July 9, 2003 10:49 AM
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