Saturday, June 23, 2012

Consumer confidence up dramatically - Sacramento Business Journal:

vanbeekdulejos1771.blogspot.com
in April. The index is baser on a representative sampleof 5,000 U.S. households. “Looking consumers are considerably less pessimistic than they were earlier this and expectations are thatbusiness conditions, the labor market and incomex will improve in the coming said Lynn Franco, director of the . “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behind us." Consumers' appraisal of the job market was also more favorable. Those claiming jobs are "hardr to get" decreased to 44.7 percent from 46.6 percentt in April. Those saying jobs are "plentiful" edged up to 5.7 percentf from 4.9 percent.
The employment outlook was also less with the percentage of consumers expecting more jobs in the monthe ahead increasing to 20 percentfrom 14.2 percent, while those anticipatiny fewer jobs decreased to 25.2 perceny from 32.5 percent.

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