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CHARTS

Consumers see glimmer of hope for economy but not for their own incomes

Consumer assessment of present business and labor market conditions inThe Conference Board Consumer Confidence Index® declined 90 points to reach 76.4—a record month-over-month drop. Consumers believe the economy is in recession right now. In contrast to what consumers see today, their expectations for the future have improved by 7 points to 93.8. Clearly when things get worse, the future is likely to look better. Consumers think the outlook for business conditions and jobs will get better in the next six months. However, expectations for household income weakened, which does not bode well for consumer spending power once the economy opens up again.


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Thought leaders who provide trusted insights for navigating companies and the economy though COVID-19.

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Bart van Ark

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Lynn Franco

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Ataman Ozyildirim

Senior Director, Economics and Global Research Chair

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Matteo Tonello

Managing Director, Environmental, Social, and Governance (ESG)

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Gad Levanon, PhD

Vice President, Labor Markets

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David Hoffman

Senior Vice President Asia and Managing Director of the China Center for Economics & Business

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Rebecca L. Ray, PhD

Executive Vice President, Human Capital

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Anke Schrader

Research Director, the China Center for Economics and Business

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Amy Lui Abel, PhD

Vice President, Human Capital Research

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Thomas Singer

Principal Researcher

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Dr. Uwe G. Schulte

Leader, Global Sustainability Centre and Program Director

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Paul Washington

Executive Director, ESG Center

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Ilaria Maselli

Senior Economist

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Amanda Popiela

Researcher, Human Capital

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Elizabeth Crofoot

Senior Economist

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John Forsyth

Consumer Dynamics Leader, M&C Center

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Cindy Cisneros

Vice President of Education Programs

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Steve Odland

President and CEO

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Jeff Hoffman

Institute Leader, Corporate Citizenship & Philanthropy, ESG Center

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Joseph J. Minarik

Senior Vice President and Director of Research

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Erik Lundh

Principal Economist

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Robin Erickson, PhD

Principal Researcher, Human Capital

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JP Kuehlwein

Marketing Leader, M&C Center

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Denise Dahlhoff, PhD

Senior Researcher, Consumer Research

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Laura Sabattini, PhD

Principal Researcher, Human Capital

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Robert Schwarz

Senior Researcher, ESG Center

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Chiqui Cartagena

Former Chief Marketing Officer & Center Leader, Marketing & Communications

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Dr. Mahdy Al Jazzaf

Executive Director

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Devin O’Connor

Former Deputy Director, Economic Research

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