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Consumer confidence steady in Peoria, Ill.

Knight Ridder/Tribune Business News, July, 2004

By Anita Szoke, Journal Star, Peoria, Ill. Knight Ridder/Tribune Business News

Jul. 20--PEORIA, Ill. -- Rising home values helped sustain consumer sentiment in the Peoria metropolitan area in the face of concern for the economy, a Bradley University study shows.

The latest Index of Consumer Sentiment, released Monday by the Center for Business and Economic Research at Bradley University, shows consumer sentiment to be virtually unchanged from the Fall 2003 survey.

However, the stability of the index masks shifts in consumer attitudes about the state of the economy. Perceptions of the local economy slipped, as the percentage of households that rated local economic conditions favorably ("good" or excellent") fell to 28 percent from 36...

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