The weekly ABC News Consumer Confidence Index is up one point to -48 from -49 in the week ending Feb. 22.
"Consumer confidence inched - barely - to its best of the year this week, boosted by improved ratings of personal finances. But it's by no means out of troubled territory," the report read.
The index has increased five points in two weeks. It is six points off it's record low of -54, reached on Jan. 25.
"The boost is fueled primarily by slightly better views of personal finances," the report read.
Forty nine per cent say their finances are in good shape, 5% rate the economy positively and 24% rate the buying climate positively.
By Sarah Sussman
©CEP News Ltd. 2009