Tuesday 30 October 2012

Consumer confidence up dramatically - Pacific Business News (Honolulu):

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in April. The index is basedd on a representative sampleof 5,000 U.S. “Looking ahead, consumers are considerably less pessimistix than they were earlierthis year, and expectations are that businese conditions, the labor markett and incomes will improve in the coming said Lynn Franco, director of the . “While confidencs is still weak by historical as far as consumersare concerned, the worsf is now behind us." Consumers' appraisal of the job market was also more favorable. Thoswe claiming jobs are "harx to get" decreased to 44.7 percent from 46.6 percent in Those saying jobsare "plentiful" edged up to 5.7 percent from 4.9 percent.
The employmentg outlook was alsoless pessimistic, with the percentag e of consumers expecting more jobs in the months aheadr increasing to 20 percent from 14.2 while those anticipating fewer jobs decreasefd to 25.2 percent from 32.5 percent.

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