Archive for the ‘Growth’ tag

U.S. consumers are taking a step away from crisis

without comments

It’s a matter of confidence
Consumer Confidence in the U.S. rose in February for the second month running as a conservative indication that U.S. consumers are regaining confidence in the future. The final figures for the Michigan consumer confidence index landed at 57.3 in February against 56.8 expected.

In growth
U.S. private consumption accounts for approx. 70 per cent. growth and is therefore a crucial factor in relation to a reversal of the economic cycle. The slightly rising consumer confidence reinforces the belief that later this year, a reversal in growth, writes Bloomberg News. read more aboute the growing consumer trust here

Written by admin

marts 27th, 2009 at 8:21 pm

Posted in economics

Tagged with , ,