The Present Situation Index is a subindex that measures overall consumer sentiment regarding the present economic situation. This index is determined via survey conducted by The Conference Board, and is used to derive the Consumer Confidence Index. This is also sometimes known as the Current Situation Index. NEW YORK, May 28, 2019 /PRNewswire/ -- The Conference Board Consumer Confidence Index® improved in May, following an increase in April. The Index now stands at 134.1 (1985=100), up from 129.2 in The Conference Board Consumer Confidence Index ® declined marginally in August, following July’s rebound. The Index now stands at 135.1 (1985=100), down from 135.8 in July. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 170.9 to 177.2.