Arab Today, arab today us consumer confidence hits best level since 2008
Last Updated : GMT 18:19:32
Arab Today, arab today
Arab Today, arab today

US consumer confidence hits best level since 2008

Arab Today, arab today

Arab Today, arab today US consumer confidence hits best level since 2008

Washington - AFP

US consumer confidence rose this month to its highest level since February 2008, the Conference Board said Tuesday, as expectations of the future brightened despite the looming fiscal cliff. The monthly survey saw the consumer confidence index rise to 73.7, up from 73.1 in October, with those surveyed more optimistic about the short-term outlook. But consumers showed only a little improvement in their view of the lackluster jobs market, and income expectations slipped. The consumer confidence survey came after the November 6 presidential election and at the beginning of the holiday shopping season which saw consumers open up their wallets in stores and online at a better-than-expected pace. \"Over the past few months, consumers have grown increasingly more upbeat about the current and expected state of the job market, and this turnaround in sentiment is helping to boost confidence,\" said Lynn Franco of the Conference Board. The higher index level suggested consumers are not worried about the looming package of sizable tax hikes and spending cuts to be implemented from January 1 if politicians cannot compromise on an alternative deficit-cutting plan. Economists say the fiscal cliff policies will slice huge chunks out of households\' disposable incomes and send the economy back into recession. \"President Obama\'s election victory looks to have helped the mood more broadly,\" said Robert Kavic of BMO Capital Markets.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us consumer confidence hits best level since 2008 Arab Today, arab today us consumer confidence hits best level since 2008

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us consumer confidence hits best level since 2008 Arab Today, arab today us consumer confidence hits best level since 2008

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday