Economy

Data Point – Consumer Confidence highest in nearly 20 years

From Bloomberg: U.S. consumer confidence advanced last week to the highest level in more than 19 years on increased optimism about the economy, personal finances and the buying climate. Bloomberg’s index of consumer comfort rose to 66 in the week ended Jan. 12, the best reading since October 2000, from 65.1, according to a report … Read more

Data Point – Christmas sales were YUGE!

Consumer confidence is still brimming with good cheer and results are already in (reformatted, emphasis mine): “Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their jobs, enjoying their best wage increases in a decade”… ~ Craig Johnson, president of Customer Growth Partners … Read more

Data Point – “US Consumer Confidence rises to 18 year high”

Americans’ consumer confidence rose in August to the highest level in nearly 18 years as their assessment of current conditions improved further and their expectations about the future rebounded. The Conference Board reported Tuesday that its consumer confidence index rose to 133.4 in August, up from a reading 127.9 in July. It was the highest reading … Read more

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