mardi 31 mars 2015
Consumer Confidence in U.S. Climbs to Second-Highest Since 2007
Posted on 09:06 by nice news
Consumer confidence increased in March to the second-highest level since August 2007 as Americans grew more upbeat about the outlook for the labor market and incomes.
The Conference Board’s index of sentiment climbed to 101.3 from 98.8 in the prior month that was stronger than initially reported, the New York-based private research group said Tuesday. The median forecast in a Bloomberg survey of economists called for the gauge to hold at February’s previously reported 96.4 reading.
The gain in March was paced by households who looked forward to more employment opportunities and rising incomes in the coming six months. The pickup may help consumer spending, which accounts for 70 percent of the economy, rebound after a setback earlier this year.
“Consumers remain upbeat about the economy,” Gregory Daco, lead U.S. economist at Oxford Economics USA in New York, said before the report. “We expect that to continue, supported by ongoing employment gains, stronger wage growth and a muted inflation environment.”
The Conference Board’s index of sentiment climbed to 101.3 from 98.8 in the prior month that was stronger than initially reported, the New York-based private research group said Tuesday. The median forecast in a Bloomberg survey of economists called for the gauge to hold at February’s previously reported 96.4 reading.
The gain in March was paced by households who looked forward to more employment opportunities and rising incomes in the coming six months. The pickup may help consumer spending, which accounts for 70 percent of the economy, rebound after a setback earlier this year.
“Consumers remain upbeat about the economy,” Gregory Daco, lead U.S. economist at Oxford Economics USA in New York, said before the report. “We expect that to continue, supported by ongoing employment gains, stronger wage growth and a muted inflation environment.”
Consumer Confidence in U.S. Climbs to Second-Highest Since 2007
Inscription à :
Publier les commentaires (Atom)
0 commentaires:
Enregistrer un commentaire