Archive for confidence

Quickie- US consumer sentiment reaches 6-year high in July



God forbid this should interrupt the daily march of doom and gloom. Harumph.

WASHINGTON — Americans are more confident about the economy than at any time since July 2007, a survey found, suggesting consumers will spend more and accelerate growth in the months ahead.

The University of Michigan said Friday that its final reading of consumer sentiment in July was 85.1. That's up one point from June but nearly 13 points higher than a year ago.

Rising home prices and steady job gains are boosting household wealth and income. The proportion of Americans who expect their inflation-adjusted incomes to rise in coming year is greater than at any time since late 2007, the survey found. And the percentage of Americans who say their home values have risen is also at a six-year high.


Quickie- Poll: Congress Hits Rock Bottom



Wow, I didn't think people were paying attention, but this makes it look like they are... alot.

Washington (CNN) - Americans' confidence in Congress as an institution has hit an all-time low, according to a new national poll.

Asked about a list of institutions in American society, only 10% of those questioned in a Gallup survey released Thursday say they have confidence in Congress. That's down three percentage points from last year, and according to their release, "this is the lowest level of confidence Gallup has found, not only for Congress, but for any institution on record."

Congress ranks last on a list of 16 institutions. At the top of the list: The U.S. military. Seventy-six percent say they have confidence in the armed forces. The presidency ranked fifth, at 36%.


Quickie- US unemployment aid applications plummet to 346K



Gotta love adjusting!

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week to a seasonally adjusted 346,000, suggesting March's weak month of hiring may have been a temporary slowdown.

US unemployment aid applications plummet to 346K Unemployment aid applications dropped by 42,000 last week, the Labor Department said Thursday. The steep decline reversed sharp gains over the previous two weeks and brought the level back to a point that signals stronger job growth.

The four-week average, a less volatile measure, rose 3,000 to 358,000.




Today's Quickie:

Who do you think is feeling more confident?

Obama Plays Basketball, Romney Barnstorms in Ohio and Pennsylvania

That was today's Quickie. Was it good for you?