Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Video: Why are there conflicting consumer confidence numbers?

Last week's data from a Reuters/University of Michigan survey said consumer confidence was unchanged between February and March. Tuesday's Conference Board data said consumer confidence rebounded from February to March.

What gives?

Watch the video below to see how consumer confidence is surveyed and why there's a difference between the two reports. (Note: The Conference Board's data came out Tuesday, but I didn't get the video produced until today, so that's why I say "today" in the video.)

Follow me on Twitter at @theticker.

By Frank Ahrens  |  March 31, 2010; 11:22 AM ET
Categories:  Data , The Ticker  | Tags: Conference Board, Frank Ahrens, Frankonomics, Reuters, University of Michigan, consumer confidence  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Stocks down at opening following jobs data
Next: Toyota's March sales rise 35%. Or perhaps 40%. Take your pick.


So what Frank is really saying is that statistics can be used to support almost anything . . . especially statisticians.

Posted by: Nohti | March 31, 2010 10:25 PM | Report abuse

Oops, they can also be used to support pundits - isn't that right Frank?!

Posted by: Nohti | March 31, 2010 10:28 PM | Report abuse

People with mirrors, lines and rolled up Federal Reserve notes blowing up bailout dollars and shaking a leg into the financial district for a bone us and 6 figure salary. Throw more crap on the wall and street and make sure the hookers get paid so the pimps can eat. Or just work at home as the city crumbles.

Posted by: tossnokia | April 1, 2010 6:11 AM | Report abuse

611 Blow up your video. Bin chainsawin, bin bankruptin and bin door breachin. Bailer goes to the bottom and it's a long way down. The whole rotten citi is going to go down in flames. The Fed head is dead, so the boys in the action newsroom win the bet. We have guns in the sky, so round and round she goes. Fire bomb the poppy fields and let them grow corn. Got a load of junk hitting the streets with poison in the mix. More dead junkies and another day at the off ice. More people on ice. Have a cold beer!

Posted by: tossnokia | April 1, 2010 6:23 AM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company