Posted on 10/26/2021 6:14:33 PM PDT by SaxxonWoods
The Conference Board Consumer Confidence Index® increased in October, following declines in the previous three months. The Index now stands at 113.8 (1985=100), up from 109.8 in September. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—rose to 147.4 from 144.3 last month. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—improved to 91.3 from 86.7.
“Consumer confidence improved in October, reversing a three-month downward trend as concerns about the spread of the Delta variant eased,
(Excerpt) Read more at conference-board.org ...
Credit scores:
The average FICO score in America is 711.
The average FICO score is 5 points higher compared to a year ago. Then it was 706.
Since 2009, there has been constant growth, starting at 686.
The number of 711 falls in the scope of a good credit score.
This is all good news. I hope it doesn't depress anyone. Consumer Confidence at FR feels like it's a minus number. Why are there so many pessimists doom and gloomers? That's liberal territory.
B.S. propaganda.
Completely counter to the massive spike in inflation for everyday costs (grocery, fuel, energy, etc.) seem by real Americans.
*seen
Higher prices. Empty shelves. People being fired if they don’t fall in line with Big Brother....what’s not to love?
People are spending more because prices are going up and up...nothing to do with confidence.
not what I’m seeing!
Yes, and just wait until those shelves get empty altogether.
Who’s setting on the supplies? NWO aholes
Consumer Confidence Increased in October
No it didn’t. The last of the free covid money got spent of food and gas..and a vacation to Florida.
This screed is an assertion without basis in fact. NOBODY can be confident in today’s climate. The storms continue to batter, and the way out lies in changing the environment.
Now that is the kind of climate change I can believe in.
BWAHAHAHAHA !
Why are you all so out of touch with America?
People are making all kinds of money solving problems while some sit and pout. They mock the word transitory when everything in the universe is transitory. This happens in every economic cycle. It’s always the END.
It’s hard to watch good, able people wallow in self-defeat while others are sprinting forward, working to get things off the ground again and succeeding at it.
I’m going to keep investing in businesses and individuals who are working to keep things going and improve all of our lives. I don’t give up on America.
These are not negative thoughts, these are realities in America in 2021. I believe in the American ideals, as you do. Unfortunately, those in power do not.
These are not negative thoughts, these are realities in America in 2021.
When I was in Mongolia later, they were rediscovering their past and were excited about the future. In their case this was Buddhism and ghengis Kahn.
What will we rediscover?
Hilarious.
Pure propaganda BS.
Feeling less negative might be more accurate. If a consumer feels confident, they are feeling more confident. If they are feeling negative, they feel more negative
https://www.conference-board.org/data/consumerconfidence.cfm
Present Situation
Consumers’ appraisal of current business conditions was mixed in October.M
18.6% of consumers said business conditions are “good,” down from 19.1%.
On the other hand, 24.9% of consumers said business conditions are “bad,” down from 25.3%.
Expectations Six Month Hence
Consumers’ optimism about the short-term business conditions outlook was mixed in October.
24.3% of consumers expect business conditions will improve, up from 21.7%.
On the other hand, 21.1% expect business conditions to worsen, up from 17.6%.
lots of credit card debt .... it has to be.
..... Confidence?????????? ....... The Saavy buyers were purchasing the NOW currently available items that they knew would be affected and unavailable due to the Supply Chain interuption .....
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