Consumer Confidence on the Rise

admin — Thu, 14 May 2009 16:29:51 +0000

nearly one in three (31.2%) consumers is confident/very confident in chances for a strong economy over the next six months, rising five points from April (26.0%), nearly 12 points from a year ago (19.5%) and the highest reading since January ’08 (33.5%).
Increasingly confident consumers are looking toward a better tomorrow for the volatile job market…
May’s improvements in confidence, practicality, and the employment environment appear to have boosted the 90 Day Outlook, according to the BIGresearch Diffusion Index (those who say they’ll spend less subtracted from those who will spend more). While several categories improved compared to April, the BIG news here is that most categories are up versus May ’08, putting consumers in a better position to spend compared to a year ago:

Positive News On Real Estate » bigresearch.com