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  • Consumer Confidence and Weather

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    Japhy
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    The document shows a graph comparing changes in consumer confidence in the United States to changes in average national temperature over time. The graph reveals a strong positive correlation of 0.83 between the two data series, suggesting that consumer confidence tends to rise when temperatures are warmer and fall when temperatures are cooler.

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    The document shows a graph comparing changes in consumer confidence in the United States to changes in average national temperature over time. The graph reveals a strong positive correlation of 0.83 between the two data series, suggesting that consumer confidence tends to rise when temperatures are warmer and fall when temperatures are cooler.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    5 views1 page

    Consumer Confidence and Weather

    Uploaded by

    Japhy
    The document shows a graph comparing changes in consumer confidence in the United States to changes in average national temperature over time. The graph reveals a strong positive correlation of 0.83 between the two data series, suggesting that consumer confidence tends to rise when temperatures are warmer and fall when temperatures are cooler.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Maybe we should ask the weatherman what consumer confidence will be?

    Conference Board: Consumer Confidence


    Dif f erence - Period to Period SA, 1985=100

    National Average Temperature {Contiguous 48 States}


    Dif f erence - Period to Period Deg. F.

    20 20
    r = 0.83

    10
    10

    0
    -10

    -10
    -20

    -30 -20
    98 99 00 01 02 03 04 05 06 07 08
    Sources: CNFBOARD, NCDC /Haver

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