|
Global consumer confidence soared to record heights in the first
quarter of 2021, according to The Conference Board® Global
Consumer Confidence Survey, as vaccination campaigns broadened, travel
restrictions loosened, and governments and central banks continued to provide
economic stimulus.
The survey found that overall global consumer confidence shot up from 98 in
the fourth quarter of 2020 to 108 in the first quarter of 2021. That figure
exceeded the reading of 106 registered in pre-pandemic Q1 2020 (a figure
above 100 is considered positive) and is the highest recorded since the
survey began in 2005. Confidence rose in 49 of 65 markets surveyed, even as
some countries continue to grapple with COVID-19 outbreaks.
Looking ahead, this improvement in consumer moods bodes well for spending
throughout the remainder of the year as economies continue to emerge from the
2020 pandemic-induced economic downturn and work toward arresting the spread
of the virus.
For more information on the Q1 2021 Global Consumer Confidence Survey visit
our website.
|
No comments:
Post a Comment