Archive for consumer sentiment

Consumer Sentiment Climbs to Highest Level Since ‘07

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

blame obama

How nice for my first post o' the day to be some good news. Pity it's from Fox, but hey, it's still a positive report. Via a Fox Biz email alert:

A reading on consumer sentiment from Thomson Reuters and the University of Michigan came in at 84.5 in late May, up from 83.7 earlier in the month, and besting economists’ expectations that it would hold steady. The gauge is now at its highest level since July 2007.

Could things be better? Of course they could. Is the economy still struggling? Of course it is. Is this still welcome news, regardless? Indeed it is. Do we still have a lot of work to do? Absolutely. Will Republicans continue to obstruct every constructive bit of legislation that would improve the economy? Hell yeah.

Am I asking myself questions and then answering them like a mad woman? Why yes, yes I am.

#BlameObama

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

U.S. consumer sentiment picks up in November, topping expectations

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Via a Fox Biz email alert:

A reading on consumer sentiment for early November rose to 84.9 from 82.6 in October, topping expectations for a reading of 83. The reading was the highest since July 2007.

Blame Obama.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Quickie- Economy Grows at 2% Rate

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Taegan gives us something to smile about.

The U.S. gross domestic product "grew at an annual rate of 2% in the third quarter as consumers spent more, federal-government spending accelerated and the housing industry improved," the Wall Street Journal reports.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Consumer sentiment highest in over a year

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Do so love getting up to good news, especially when Frothy disappoints me so.

(Reuters) - Consumer confidence rebounded to its highest level in more than a year in March as optimism about jobs and income overcame higher prices at the gasoline pump, said a survey released on Friday.

The Thomson Reuters/University of Michigan's final March reading for the overall consumer sentiment index rose to 76.2, the highest since February 2011, from 75.3 in February.

(snip)

"Consumer confidence edged upward as more favorable income and job trends offset rising gas prices," survey director Richard Curtin said in a statement.

The barometer of current economic conditions ended at 86.0 in March, also the highest level since February 2011. This improved on the preliminary reading of 84.2 and February's 83.0. Analysts had predicted a reading of 84.5.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

Consumer Confidence Hits 3 Month High

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare


Plus home prices remained unchanged, holding onto five months of gains. Looking up.

NEW YORK (Reuters) - U.S. consumer confidence improved more than expected in December, hitting a three-month high as job market pessimism eased and consumers' expectations reached a two-year high, according to a private report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes rose to 52.9 in December from a revised 50.6 in November.

Employers see uptick in hiring in 2010

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare

U.S. consumer confidence up for first time since 2007

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare


Not bad, not at all. And if you throw in the 388k jobs saved or created, we could be in okay condition next year.

HONG KONG (Reuters) - Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.

(snip)

In the United States and Europe, high unemployment continued to discourage spending on big-ticket items although confidence had improved as the worst appeared to be over for those economies, New York-based Nielsen said.

In the United States -- the world's biggest consumer market -- consumer sentiment rose from three months ago for the first time since early 2007.

FacebookTwitterRedditDiggStumbleUponTumblrLinkedInPinterestEmailShare