Gas prices, Ukraine can’t cool California confidence

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Gas prices, Ukraine can’t cool California confidence
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Last time optimism was higher was high was June 2021 — and before that, May 2019.

That’s a 10% one-month gain and a 14% gain over 12 months. California confidence averaged 113 in the five years before the pandemic.California consumers’ view of current conditions:

Improved, with index at 156.3 for the month — up from 134.5 a month earlier and above 84.3 a year earlier. This measure averaged 141 in 2015-19.Upbeat, with index at 104.6 for the month — up from 99.8 the previous month and down from 127.5 a year earlier. This measure averaged 94 in 2015-19.The Conference Board tracks the nation and seven other states — Texas, New York, Florida, Illinois, Pennsylvania, Ohio, and Michigan.

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