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Consumer Economic Confidence in Chicagoland Improves Significantly

Chicagoland Chamber Survey Reports Economic Confidence Higher in Chicagoland Than Nation

Monday, January 08, 2007

The economic confidence of consumers in Chicagoland rose significantly during the fourth quarter of 2006, according to the Rasmussen Consumer Index for the region released today by the Chicagoland Chamber of Commerce. The quarterly reading stood at 121.2 at the end of December, a more than 12-point gain from 109.1 reported at the end of September. And, for the first time, Chicagoland residents were more optimistic about the economy than consumers nationally. The national Rasmussen Consumer Index for the same period is 117.7.

“Since our first report in June, 2006 we have seen a steady increase in consumer confidence across the region,” said Jerry Roper, President of the Chicagoland Chamber of Commerce. “It is always great to start the year off on a positive track and we look forward to continued improvement as the year progresses.”

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