March Sun, 1995

GARDEN STATE CONSUMER CONFIDENCE HIGHEST IN LAST FIVE YEARS MODEST GAINS IN PERSONAL ECONOMIC STATUS

New Jerseyans' optimism about the state's economic situation is the highest it's been in five years. Four-in-ten state residents say that economically the state is enjoying good times, which is a 13 percentage point increase from last year. This confidence in the state's economy is also reflected in a similar 13 percentage point increase from 43 percent in 1992 to 56 percent in the percentage of New Jerseyans who say it is a good time to purchase a major household item. In addition, 53 percent think now is a good time to buy a car, which is about the same as in 1992.

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