Consumer Confidence at Three-Month High in December
Harry Hope
From Reuters, 12/29/09:
http://abcnews.go.com/Business/wireStory?id=9440802
Consumer Confidence at Three-Month High in December
NEW YORK (Reuters) -
U.S. consumer confidence improved more than expected in December,
hitting a three-month high as job market pessimism eased and
consumers' expectations reached a two-year high, according to a
private report released on Tuesday.
The Conference Board, an industry group, said its index of consumer
attitudes rose to 52.9 in December from a revised 50.6 in November.
That beat analysts' forecast of 52.5, which was based on a Reuters
poll that ranged from 46.0 to 57.0.
Meanwhile, last month's revised reading was also higher than the
originally reported 49.5.
The expectations index rose to 75.6 -- the highest since December 2007
-- from November's 70.3.
Consumers' labor market assessment also showed some signs of
improvement, with the "jobs hard to get" index decreasing to 48.6 from
49.2.
__________________________________________________________
Slowly but surely.
Harry
Beam Me Up Scotty
>
> From Reuters, 12/29/09:
> http://abcnews.go.com/Business/wireStory?id=9440802
>
> Consumer Confidence at Three-Month High in December
>
> NEW YORK (Reuters) -
>
> U.S. consumer confidence improved more than expected in December,
> hitting a three-month high as job market pessimism eased and
Job market is getting worse so the propaganda is what is working and
getting better. Problem is without jobs, it's NOT getting better.
> consumers' expectations reached a two-year high, according to a
> private report released on Tuesday.
How much lower can it get than Depression?
> The Conference Board, an industry group, said its index of consumer
> attitudes rose to 52.9 in December from a revised 50.6 in November.
Which consumers... The ones with government jobs or the ones that work
in the private sector?
> That beat analysts' forecast of 52.5, which was based on a Reuters
> poll that ranged from 46.0 to 57.0.
How unusual that they were caught off guard.
> Meanwhile, last month's revised reading was also higher than the
> originally reported 49.5.
WOW... happy days are here again.
> The expectations index rose to 75.6 -- the highest since December 2007
> -- from November's 70.3.
>
> Consumers' labor market assessment also showed some signs of
> improvement, with the "jobs hard to get" index decreasing to 48.6 from
> 49.2.
Socialism doesn't create jobs, it creates government.
>
> __________________________________________________________
>
> Slowly but surely.
>
> Harry
You go back 3 whole months to get the basics of that story.
Aren't you ignoring your own rules, weather is short term and Climate is
long term(I believe you say 10 years is in Climate is a trend)
Well... economics isn't 3 months worth of a very subjective and
opinionated survey.
Sid9
"Beam Me Up Scotty" <Then-Destro...@Talk-n-dog.com> wrote in
message news:4B3A2600...@Talk-n-dog.com...
You reek of desperation!
Apple Crockell
> "Beam Me Up Scotty" <Then-Destroy-Everyth...@Talk-n-dog.com> wrote in
> messagenews:4B3A2600...@Talk-n-dog.com...
>
> - Show quoted text -
hello Sid9, my fellow american patriot! good to see you are still
fighting the good fight! keep up the good work!
Neolibertarian
Harry Hope <riv...@ix.netcom.com> wrote:
You're a malevolent, dangerous idiot.
--
Neolibertarian
"Nobody inherits civilisation.
You inherit the /ruins/ of civilisation.
Beginning with yourself.
And you can't even afford its heating bill."
---Dennnis M. Hammes
Bret Cahill
It's gonna be hard cleaning up the mess Repugliars have made of the U.
S. economy.
Bret Cahill
Hopeless Harry, The Biggest, Most Pathetic Newsgroup Loser
http://www.huffingtonpost.com/les-leopold/the-new-decade-billionair_b_405345.html
The Wall Street crash tore a gaping hole in the economy, destroying
more than eight million jobs. The unemployment rate is likely to
remain painfully high for years. If Krugman and Stiglitz are correct
about a possible double dip recession in second half of 2010, then
more job loss is coming. Right now there are about 30 million
Americans who want full-time jobs that aren't there. (Remember you are
not counted as unemployed if you work as little as one hour a week).
Unfortunately, we are relying on trickle down economic growth to
produce jobs, and it is failing us. The theory goes like this: First
we resurrect the financial sector by giving it all the cash it wants.
After the banks are solvent again they are supposed to lend money to
jobs-creating buisnesses. To kick-start the engine, we also provide a
stimulus program. Then it all comes together to create growth, and
jobs will trickle down to those who need them.
It is much more likely that coming decade will show the highest
average unemployment rate since the Great Depression. I hate to make
predictions but here's one you should find a bookie to cover: to save
face the government will redefine full-employment from four percent to
more like six or seven percent. Full-employment will be a dream
deferred.
-----
Bad Economic News For America Is Bad News For 'RATS
Sid9
"Hopeless Harry, The Biggest, Most Pathetic Newsgroup Loser"
<HarryH...@yahoo.com> wrote in message
news:303808ea-4db7-4042...@d20g2000yqh.googlegroups.com...
.
.
.
Meanwhile back in the USA (and in the world, for that matter) markets have
stabilized. Economic news continues to positive.
Republicans are thrashing around in a hysterical frenzy over the progress
America is making.
Slappy
brilliant crew have halted its expansion.
But don't rejoice too loudly.
Unemployment nationwide will reach 13.5-percent by mid-2011. As a
resurgent Wall Street again thumbs its nose at the rest of us.
Sid9
"Slappy" <kin...@yahoo.com> wrote in message
news:19dcd315-b09c-414c...@e37g2000yqn.googlegroups.com...
.
.
Herbert Hoover II, thankfully, is not in office!
Sueki Tartridge
>
> - Show quoted text -
SHAZZZAMMMM !! YOU MEAN BAWNEY FWANK,CHRIS DODD,JOE BIDEN,NANCY
PELOSI,BABS BOXER,SHEILA JACKSON-LEE AND THE ENTIRE NEGRO CAUCUS ARE
CLOSET REPUBLICANS??!! HOODTHUNKIT !!!???!!!!
Sueki Tartridge
> "Slappy" <kink...@yahoo.com> wrote in message
Perhaps. But Jimmuh Cottuh times 3 is. I never hought I'd live to see
an even more incompetent,clueless,inexperienced buffoon in the
Whitehouse than that blithering,bible thumping Georgia peanut farmer.
But lo' and behold. Up springs a Chicago
thug,mulatto,marxist,community organiser owned by George Soros. He
takes the award away from Jimmuh with room to spare !!!
*us*
<HarryHo...@yahoo.com> wrote:
>Bad Economic News For America Is Bad News For 'RATS
So you're saying that Republicans rejoice at harm to the USA.
Thanks for the confirmation, bushfilth.
nobody
What's that unemployment again?
Sid9
"nobody" <nob...@nowhere.com> wrote in message
news:2j6lj5hlng68u5psj...@4ax.com...
.
What ever it is it's a creation of you greedy Republicans.
Democrat Obama will work hard to reduce it.
Oh, yes.
Goodbye!
C.Tudor
So, is this part of the "inheritance"? No, I guess not. This would be
part of the ObamaConArtist pulling us "back from the brink."
nobody
Dems have controlled Congress for over two years and a Dem has been
President for almost a year. You're incredibly dishonest to blame
Republicans for doing something they've had no control over.
>
>Democrat Obama will work hard to reduce it.
He's spent trillions in new debt yet the unemployment rate has not
gone down, mostly up.
>
>Oh, yes.
Oh, no.
Dave Heil
> In article <4B3A2600...@Talk-n-dog.com>,
> Beam Me Up Scotty <Then-Destro...@Talk-n-dog.com> wrote:
>
>>> The Conference Board, an industry group, said its index of consumer
>>> attitudes rose to 52.9 in December from a revised 50.6 in November.
>> Which consumers... The ones with government jobs or the ones that work
>> in the private sector?
>
> nonconsuming rich a tax cut that they can invest in....in.....in what again?
What on Earth ever gave you the idea that the rich are non-consumers?
The wealthy people I know spend like crazy.
tooly
>
> - Show quoted text -
Actually, this would be predictable...ie consumer confidence going up.
It might rise quite high too...which logically follows inflationary
pressure on the dollar. People will experience 'more bucks' floating
around...but fail to realize their purchasing power is actually going
down. Does anyone rememember the late 60's when LBJ's great society
spending spree was kicking in? Many probably remember that as a
period of prosperity, but of course, didn't realize what was soon
coming in the next decade.
Whatever LBJ, Nixon, and Carter did, Obama's actions make them pale in
comparison.
I really really really really....do hope I"m wrong...
But I really do forsee a distinct possibility for total collapse in
the not too far off future. I'm not talking about a mere recession
either, but the rug being pulled out from beneath us. Libs will want
to blame Bush...but they are way off. This ALL Obama now; he's
floated trillions on the economy you see...during a time when
investment was 'withdrawing'...And haven't seen cap and trade and
public health care effects yet.
I really really really really do hope I'm wrong [but I don't think I
am].
I'm sorry. Just a heads up to all...
Sueki Tartridge
wrote:
> In article <nbcmj51ap0og7d66bbk6v3favjpu62c...@4ax.com>,
>
> nobody <nob...@nowhere.com> wrote:
> > Dems have controlled Congress for over two years and a Dem has been
> > President for almost a year. You're incredibly dishonest to blame
> > Republicans for doing something they've had no control over.
>
>
Were they running away???
> --
> Damn the living - It's a lovely life. I'm whoever you want me to be.
> Silver silverware - Where is the love? At least I can stay in character.
> Oval swimming pool - Where is the love? Annoying Usenet one post at a time.
> Damn the living - It's a lovely life. We support you, Sarah.