Roy Morgan Consumer Confidence lifts

Tuesday, 21 August 2012

While the Westpac measure of consumer confidence is in the doldrums, Roy Morgan is telling a different story with incremental gains in the past five weeks that add up to a decent bounce (with another today).

We’re still range bound obviously but a noteworthy divergence.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.