consumer confidence surges

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NEW YORK — Americans are gaining faith that the economy is on the upswing. The monthly Consumer Confidence Index surged to the highest level since April and is approaching a post-recession peak.

The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose almost 10 points to 64.5, up from a revised 55.2 in November. Analysts had expected 59. The level is close to the post-recession peak of 72, which the index reached in February.
The surge in December builds on another big increase in November, when the index rose almost 15 points from the month before.
 
Yeah sure it does..
still paying 3 bucks for a gallon of gas..

6 bucks for a pound a bacon that just a couple of years ago cost 1.99

and on and on and on..

BUT HEY....we be all surging in celebration...cause the WashintonCompost tells us so.
 
Consumer confidence - Wikipedia, the free encyclopedia


Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.
 
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CCI over the months of November and December tell little to nothing. But these news articles do come in both barrels in an attempt to spir confidence in the less informed.
 
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Consumer confidence - Wikipedia, the free encyclopedia


Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.

Wiki? oh boy :eusa_whistle:
 
closing your eyes and chanting LALALALALALALALALAL.

doesnt change the facts folks
 
Consumer confidence - Wikipedia, the free encyclopedia


Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.

Wiki? oh boy :eusa_whistle:

The gold standard source for paint chip eaters like Truthie. :lol:
 

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