Although the consumer confidence levels are at a historic low, they did rise slightly to 50.2 from 48.6 this month, according to the Conference Board Consumer Research Center. Both attitudes and expectations saw a rise.

Lynn Franco, Director of the Conference Board Consumer Research Center stated, Consumers assessment of the current state of the economy is relatively unchanged, primarily because labor market conditions have yet to significantly improve. And, despite the uptick in Expectations, consumers continue to be quite concerned about the short-term outlook. Both present and future indicators point toward more of the same in the coming months.

The Consumer Confidence survey is a monthly survey based on 5,000 households across the nation.