Tuesday, June 14, 2011

Consumer confidence up dramatically - Boston Business Journal:

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in April. The index is basedx on a representative sampleof 5,00p U.S. households. “Looking ahead, consumerws are considerably less pessimistic than they were earliertthis year, and expectations are that business conditions, the labore market and incomes will improve in the coming said Lynn Franco, director of the . “While confidencer is still weak byhistorical standards, as far as consumersx are concerned, the worst is now behincd us." Consumers' appraisal of the job market was also more favorable. Those claiming jobs are "hard to decreased to 44.7 percent from 46.6 percengt in April. Those saying jobs are "plentiful" edgec up to 5.7 percent from 4.
9 The employment outlook was also less with the percentage of consumeres expecting more jobs in the months aheax increasing to 20 percentfrom 14.2 percent, whilre those anticipating fewer jobs decreased to 25.2 percent from 32.5

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