Consumer Confidence: Increased Optimism in All States

[ProSense]

Consumer Confidence: Increased Optimism in All States



Wow!

[Clio the Leo]

1. lol, Chocolate City is HAPPY!!!!

It's because of the President going out to eat, drumming up business everywhere.

[ProSense]

4. Evidently for some, an increase in consumer confidence

is bad news.

[Clio the Leo]

5. If the President discovered the key to immortality....

.. and announced he was going to give to everyone, some would complain that it was gonna cost too much to keep all of those seniors around and feed them. ;)

[ProSense]

6. True. n/t

[girl gone mad]

2. It hasn't impacted comsumer spending..

which was down all 4 weeks in July.

Maybe this is why?

"At the same time that Americans are more optimistic about the economy's future direction, the 2009 data show a less positive assessment of current economic conditions than was the case in 2008, on average.

In other words, Americans have higher hopes for the future this year compared to last, but do not believe those hopes have been realized as of yet. These data are corroborated by other Gallup economic data showing that Americans report spending less on a daily basis in 2009 than they did in 2008, and also that working Americans are less likely to report their employers are hiring new workers than was the case in 2008."

People believe things are worse now than they were in 2008. I guess the more difficult your present economic circumstance, the more likely you are to expect the future to be better.

[ProSense]

3. Consumer Spending Up Second Straight Month

Consumer Spending Up Second Straight Month