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Consumer Confidence Index Nosedives in December as Expectations Worsen

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

The Consumer Confidence Index fell 8.3 points in December, the largest monthly decline since July 2015, the Conference Board reported on Thursday, driven by a significant falloff in consumer expectations. Following a modest decline in November, the index now stands at 128.1, down from 136.4 in November. The index is based on a 1985 baseline…

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