consumer confidence at four year high

Discussion in 'Economy' started by Truthmatters, Apr 5, 2012.

  1. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Consumer Confidence Climbs as U.S. Job Market Improves: Economy - Bloomberg



    Consumer confidence climbed last week to the highest level in four years and unemployment claims fell, pointing to a brighter job market that may invigorate the U.S. economy.

    The Bloomberg Consumer Comfort Index (COMFCOMF) rose to minus 31.4 in the period ended April 1, the best reading since March 2008, from minus 34.7 the prior week. Filings for jobless benefits dropped by 6,000 to 357,000 in the week ended March 31, the fewest since April 2008, the Labor Department said.


    Employers probably took on more than 700,000 workers in the first three months of this year, the best quarter for job growth since 2006, a report tomorrow may show, while equities rallied the most since 1998. The improvements may support consumer spending in the face of rising gasoline prices.
     
    • Thank You! Thank You! x 1
  2. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    your right wing is toast
     
  3. PLYMCO_PILGRIM
    Offline

    PLYMCO_PILGRIM Gold Member

    Joined:
    Jul 3, 2009
    Messages:
    17,416
    Thanks Received:
    2,855
    Trophy Points:
    183
    Location:
    America's Home Town
    Ratings:
    +2,863
    Unfortunately the jobs numbers, for march, remained stagnant as we lost as many jobs combined with people who stopped looking for work as we gained in new jobs :(
     
  4. PLYMCO_PILGRIM
    Offline

    PLYMCO_PILGRIM Gold Member

    Joined:
    Jul 3, 2009
    Messages:
    17,416
    Thanks Received:
    2,855
    Trophy Points:
    183
    Location:
    America's Home Town
    Ratings:
    +2,863
    TM its not always about left and right, the economy affects us all left and right.
     
  5. Nova78
    Offline

    Nova78 Silver Member

    Joined:
    Dec 19, 2011
    Messages:
    1,909
    Thanks Received:
    254
    Trophy Points:
    98
    Location:
    Colorado
    Ratings:
    +267
    Confident in the fact that this country is financially in the toilet .Good job Obama ,you have fucked this country for decades to come..:clap2::clap2:
     
  6. Katzndogz
    Offline

    Katzndogz Diamond Member

    Joined:
    Sep 27, 2011
    Messages:
    65,659
    Thanks Received:
    7,418
    Trophy Points:
    1,830
    Ratings:
    +8,337
    When I saw that this morning, I almost fell out of my chair. It's like the government announced that the sky had turned to puce instead of blue.

    Consumer spending is UP, because prices are UP UP UP. Prices are up because the cost of transportation is crippling and the dollar is near to worthless.

    If this is the way democrats think, we are all in deep trouble.
     
  7. PLYMCO_PILGRIM
    Offline

    PLYMCO_PILGRIM Gold Member

    Joined:
    Jul 3, 2009
    Messages:
    17,416
    Thanks Received:
    2,855
    Trophy Points:
    183
    Location:
    America's Home Town
    Ratings:
    +2,863
    Don't remind people about how the devaluing of the dollar and inflation also makes the stock market numbers higher than they really are if you compare them to the past adjusted for inflation ;)
     
  8. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,772
    Thanks Received:
    1,788
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,855
    People still bearish on the economy...
    :eusa_eh:
    Declining Consumer Confidence Echoes Jittery Stock Market
    5/04/12 -- Americans may have thought they had escaped the clutches of the five-year economic downturn, but the latest consumer confidence data says "not so fast" and mirrors this week's swoon in the stock market.
    See also:

    US adds 115,000 jobs in April, fewer than expected
    4 May 2012 - President Barack Obama: "Just saying no to ideas that will create new jobs is not an option"
     
    • Thank You! Thank You! x 1
    Last edited: May 5, 2012
  9. Gremlin-USA
    Offline

    Gremlin-USA <<< Me in 1970

    Joined:
    May 20, 2010
    Messages:
    1,306
    Thanks Received:
    184
    Trophy Points:
    98
    Location:
    Gremlinville, USA
    Ratings:
    +186
    More Liberal Spin......

    And 1.1 million signed up for 1st time un-employment in the same time period:eusa_whistle:


    .
     
  10. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Dear fucking idiot that was a Bloomberg article.

    I bet the writer knows more than some random internets disgruntled brain con like you
     

Share This Page