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Consumer confidence rises in April
Marketwatch ^
| 4.26.11
| Ruth Mantell
Posted on 04/26/2011 7:55:22 AM PDT by Free Vulcan
WASHINGTON (MarketWatch) — Consumer confidence recovered somewhat in April, though the impact of a spike in gasoline prices is still evident, according to data released Tuesday by the Conference Board.
The confidence index hit 65.4 in April, compared with an upwardly revised 63.8 in March. That’s still below the 72.0 reading of February, as gasoline prices nationally have approached $4 per gallon.
The increase came as consumers’ 12-month inflation expectations declined to 6.3% in April from 6.7% in March. In addition, consumer views about the present situation improved.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Breaking News; Business/Economy; Culture/Society; News/Current Events
KEYWORDS: confidence; consumer; economy; spending
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I see the confidence out there even in my own depressed locale. I still think people are nuts, I'm going the complete opposite direction and bolting the hatches shut.
To: Free Vulcan
Why would anyone feel more confident?
To: Free Vulcan
Guess all the EITC checks have started to arrive. Must be nice to ‘earn’ such a refund.
3
posted on
04/26/2011 7:58:08 AM PDT
by
poobear
(FACTS - the turd in the punch bowl of liberal thought!)
To: Free Vulcan
Yeah, that extra $200 I spend on gas makes me a lot more confidence /s
To: Free Vulcan
consumers’ 12-month inflation expectations
That sounds like some made up feel-good-ism creation.
Anyone who has been to the grocery or gas station KNOWS many prices are higher in April and they were in March.
5
posted on
04/26/2011 8:03:30 AM PDT
by
TomGuy
To: Free Vulcan
Cookin numbers, like the unemployment numbers.
6
posted on
04/26/2011 8:06:41 AM PDT
by
commonguymd
(Freedom is a myth anymore it seems)
To: Free Vulcan
I’m so confident, I’m gonna go take another gander at that Ruger mini-14 I was pawing last leek.
7
posted on
04/26/2011 8:08:14 AM PDT
by
digger48
To: Free Vulcan
I knew all along that Obama would save us.
8
posted on
04/26/2011 8:09:16 AM PDT
by
blam
To: Free Vulcan
I am confident...confident that we are being screwed with inflation that chips away at our stagnant earnings. FUBO.
9
posted on
04/26/2011 8:09:16 AM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: Free Vulcan
What is this guy smoking?...
“The Fed will be pleased to see that the further rise in gasoline prices towards $3.90 a gallon does not appear to have put another dent in US consumer confidence or added to households’ inflation expectations,” wrote Paul Dales, senior U.S. economist with Capital Economics
10
posted on
04/26/2011 8:11:14 AM PDT
by
nhwingut
(Palin '12... Accept No Other)
To: TomGuy
Anyone who has been to the grocery or gas station KNOWS many prices are higher in April and they were in March Was there yesterday. The butcher was laying low, too.
You could hear the audible groans as people picked up the packages of ground chuck and tossed them back in the cooler.
And then the added insult of being one of the few people at the checkout lane actually paying for their food themselves while waiting on WIC forms to be filled out and extra transactions for the stuff the EBT cards won't cover.
11
posted on
04/26/2011 8:14:27 AM PDT
by
digger48
To: Free Vulcan
Refund bounce? Gas prices are crushing us. I am confident the numbers are cooked.
12
posted on
04/26/2011 8:17:23 AM PDT
by
NonValueAdded
(President Obama's approval ratings are so low now, Kenyans are accusing him of being born in the US)
To: Free Vulcan
What are these people smoking?
To: poobear
Guess all the EITC checks have started to arrive.
No more calls, please. We have a winner.
14
posted on
04/26/2011 8:22:07 AM PDT
by
LostInBayport
(When there are more people riding in the cart than there are pulling it, the cart stops moving...)
To: Free Vulcan
15
posted on
04/26/2011 8:27:13 AM PDT
by
unkus
To: Free Vulcan
Consumer confidence rises in AprilBULLSH*T!
16
posted on
04/26/2011 8:28:24 AM PDT
by
pgkdan
( "Wherever the Catholic sun doth shine / There's always laughter and good red wine / ...Belloc)
To: Free Vulcan
LOL....spin baby spin....
17
posted on
04/26/2011 8:28:46 AM PDT
by
PogySailor
(The ruling class will not go down easily. And neither will their paid hacks.)
To: NonValueAdded
Refund bounce? Gas prices are crushing us. I am confident the numbers are cooked.Read the article carefully and ignore the headline. The numbers are poor, but the slight uptick is blown out of proportion by the press, as usual. When you are near the bottom, the only way to go is up, and we are not doing that.
18
posted on
04/26/2011 8:30:41 AM PDT
by
mlocher
(Is it time to cash in before I am taxed out?)
To: Free Vulcan
MORE LIES for the masses that just read the headlines.
19
posted on
04/26/2011 8:47:57 AM PDT
by
ladyvet
( I would rather have Incitatus then the asses that are in congress today.)
To: unkus
If you lie to people long enough, pretty soon they believe the lies. The emperor has no clothes!
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