Conference Board CEO: Consumers Worried About the Future

Steve Odland, CEO of The Conference Board, discussed the recent consumer confidence data showing a significant divergence between current sentiment and future expectations. The present situation index increased by 6.8 points, reflecting consumers' relatively positive feelings due to full employment and rising wages. He speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)

Steve Odland, CEO of The Conference Board, discussed the recent consumer confidence data showing a significant divergence between current sentiment and future expectations. The present situation index increased by 6.8 points, reflecting consumers' relatively positive feelings due to full employment and rising wages. He speaks with Romaine Bostick & Emily Graffeo on "The Close." (Source: Bloomberg)