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Thread: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

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    Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    I might be about 35 minutes late, so ill leave it up to the mods to interpret.

    NEW YORK (Dow Jones)--U.S. consumer confidence rose for the third consecutive month in January, according to a report released Tuesday.

    The Conference Board, a private research group, said its index of consumer confidence increased to 55.9 in January from a revised 53.6 in December, which was originally reported as 52.9. The January reading was better than economists' projection of 54.0, according to a survey conducted by Dow Jones Newswires.

    Consumer expectations for economic activity over the next six months increased to 76.5 from a revised 75.9, first reported as 75.6.

    Sentiment about the current labor markets improved in January. The percentage who think jobs are "hard to get" fell to 47.4% from December's 48.1%. And those who think jobs are "plentiful" rose to 4.3%, from 3.1%.

    The employment outlook showed signs of expected stability. The percentage of consumers expecting more jobs in the months ahead fell to 15.5% from 16.4% in December, while those expecting fewer jobs fell to 18.9% from 20.6%. But those expecting the same number of jobs in the next six months rose to 65.6% from 63.0% in December.
    While there are still deep concerns regarding real estate, some cheerful news has surfaced none the less. US consumer confidence is at a 16 month high (since the beginning of the crash). While this is no reason to assume that everything will be "peachy" from here on out, things are surely better than they were.

    I now await the haters
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    Quote Originally Posted by Goldenboy219 View Post
    I might be about 35 minutes late, so ill leave it up to the mods to interpret.



    While there are still deep concerns regarding real estate, some cheerful news has surfaced none the less. US consumer confidence is at a 16 month high (since the beginning of the crash). While this is no reason to assume that everything will be "peachy" from here on out, things are surely better than they were.

    I now await the haters
    Dallas real estate was up 1.4 %. Pretty good since my girl friend is getting license.

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    Re: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    Haters? Surely I don't know who you're referring to.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    Quote Originally Posted by phattonez View Post
    Haters? Surely I don't know who you're referring to.
    Not you, i am referring to those who routinely burn figurines of elephants, and refuse to wear anything blue
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    Quote Originally Posted by Goldenboy219 View Post
    Not you, i am referring to those who routinely burn figurines of elephants, and refuse to wear anything blue
    Well I think I figuratively meet half of that requirement. I don't know if I've ever supported anything coming from Democrats that has happened in my lifetime.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Conference Board: Jan US Consumer Confidence Index 55.9 Vs Dec 53.6

    I hope this is good news. I'm just not seeing it in my area.

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