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Consumer Confidence Hits Highest Level Since February '08
Foxbusiness.com ^ | 11/27/2012 | Reuters

Posted on 11/27/2012 9:25:58 AM PST by mykroar

Consumer confidence rose to a four-and-a-half-year high in November as consumers became more optimistic about the outlook for the economy, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes rose to 73.7 up from an upwardly revised 73.1 the month before, its highest since February 2008. Economists had expected a reading of 73.0, according to a Reuters poll.

Read more: http://www.foxbusiness.com/economy/2012/11/27/consumer-confidence-hits-highest-level-since-february-08/#ixzz2DRcxDlqn

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: business; confidence; consumer
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Seriously, who is getting surveyed to get these results. I don't know anyone that thinks things aren't going down the tubes - and quickly.
1 posted on 11/27/2012 9:26:04 AM PST by mykroar
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To: mykroar

LOL, OF COURSE “consumer confidence” is high, what with the Democrat moocher class knowing their President Ubanga is going to keep rolling the “free stuff” their way.


2 posted on 11/27/2012 9:28:27 AM PST by Lancey Howard
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To: mykroar

LOL, OF COURSE “consumer confidence” is high, what with the Democrat moocher class knowing their President Ubanga is going to keep rolling the “free stuff” their way.


3 posted on 11/27/2012 9:28:41 AM PST by Lancey Howard
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To: mykroar

There are going to be a lot of surprised people over the next year or two.


4 posted on 11/27/2012 9:29:13 AM PST by ilgipper (Obama supporters are comprised of the uninformed & the ill-informed)
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To: mykroar

Surely that overly rosy economic data they blared just before the election didn’t influence opinion to this degree? it did correspond with the change in the Gallup tracking though, didn’t it, over the weekend prior to the election?


5 posted on 11/27/2012 9:32:04 AM PST by gusopol3
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To: ilgipper

good! Can’t think of a more deserving bunch.


6 posted on 11/27/2012 9:32:04 AM PST by Segovia
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To: mykroar

It’s not “consumer confidence”...it’s called “Christmas Shopping” and great Black Friday deals...that’s all.

Lookout January.


7 posted on 11/27/2012 9:33:10 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: mykroar

Fools.


8 posted on 11/27/2012 9:33:31 AM PST by Uncle Miltie (Working is for suckers.)
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To: mykroar

‘Peace and safety...then sudden destruction’.


9 posted on 11/27/2012 9:35:39 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: mykroar

I was just reading downpage.......

http://www.freerepublic.com/focus/f-news/2963365/posts

“Chart Of The Day: Continued Collapse In Capital Goods New Orders Confirms US Is In Recession”

Zero hedge ^


10 posted on 11/27/2012 9:36:40 AM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: ilgipper

There are going to be alot of surprised people over the next month or two


11 posted on 11/27/2012 9:38:12 AM PST by Scotswife
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To: mykroar

Must be people you don’t know...


12 posted on 11/27/2012 9:40:17 AM PST by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
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To: ilgipper

There are going to be a lot of surprised people over the next year or two.

____________________________________

Understatement!

;-/


13 posted on 11/27/2012 9:40:30 AM PST by SumProVita (Cogito, ergo....Sum Pro Vita - Modified Descartes)
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To: Scotswife
There are going to be alot of surprised people over the next month or two

You are being very charitable in assuming that they will be alert enough to notice.

14 posted on 11/27/2012 9:40:45 AM PST by null and void (Knowledge increases exponentially, wisdom increases logarithmically.)
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To: null and void

They will notice the difference in withholding in their first check in january.

Many families will be informed they have to fork over a few more thousand to the IRS due to the AMT trigger reverting back to 2000 levels.


15 posted on 11/27/2012 9:53:31 AM PST by Scotswife
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To: mykroar

The ones surveyed were residents of the 57th state.


16 posted on 11/27/2012 9:54:44 AM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: mykroar

Aren`t Americans amazing in their uncanny ability to either forget or ignore the horrid state of this country`s economy? 7.9% unemployment.. oh, pshaw.. record numbers of people on welfare, disability and food stamps... that`s the new prosperity! After all...the beloved and adored Lord and Savior Obama just got reelected, the country is eagerly embracing socialism, taxes will soon go up on the eeeeeevil rich people, and the freebies are flowing like there`s no tomorrow!

There`s joy, joy, joy all around!!!


17 posted on 11/27/2012 9:57:14 AM PST by ScottinVA (I've never been more disgusted with American voters.)
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To: Scotswife

US policy over the last 2 decades has been to underwrite debtors at the expense of savers, so of course consumers just love it. The Fed continues to reward them with cheaper and cheaper money, while forcing pensioners to take greater stock market risks since they can’t do much better than 1% in an annuity.


18 posted on 11/27/2012 9:58:03 AM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: mykroar

Weird. I could have sworn I read that consumer confidence fell in November....can anyone find that thread?


19 posted on 11/27/2012 10:00:30 AM PST by SoFloFreeper
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To: mykroar

My confidence has never been higher than it is today. I am now 100% confident the economy is going to crash.


20 posted on 11/27/2012 10:01:30 AM PST by Go Gordon (It's barack hussein obama - because he doesn't believe in capitalism.)
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