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Consumer Sentiment Improves, But Strong Headwinds Remain

15 hours ago ago from RetailSails

Confidence improved in December as consumers are feeling slightly better about expectations for economic growth and employment. However, the gains are tenuous as personal finances are still being described as . The Reuters/University of Michigan Index of Consumer Sentiment rose to 72.5 in December from 67.4 a month ago. While the index sits near the top of its two-year range, it still remains well below the 10-year average and below the 73.5 ...

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Consumers less pessimistic in December, says study

10 hours ago ago from How to Invest Today

Consumers are feeling much less pessimistic in December than they did in November, thanks to widespread holiday sales and a more hopeful outlook on jobs and the economy, according to a study released Wednesday. Consumer sentiment is at its highest point since September, settling at 72.5 on an index from Thomson Reuters and the University of Michigan. The index was up nearly 8% from its 67.4 mark in November, and up nearly 21% from 60.1 ...

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US Consumer Confidence Revised Lower, But Still Reflects Improvement from October

17 hours ago ago from Kangarootail.com

USDJPY and US equities fell following the release of the University of Michigan's consumer confidence index, which was revised slightly lower for the month of December to 72.5 from 73.4, suggesting that sentiment on the current economic situation and the outlook is not as strong as previously thought. Go to Source

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German consumer confidence slips again

8 hours ago ago from One Better One

FRANKFURT – (AP) A survey released Tuesday showed that consumer confidence in Germany, Europe's biggest economy, continued to decline amid fears of job losses. The survey from the GfK research group found a third consecutive monthly slip in consumer confidence in the country, even tho Continue reading here: German consumer confidence Read the original: German consumer confidence slips again Go to Source

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Happy Holidays!

11 hours ago ago from HyeinPain

I help out my parents' store (it's in a suburban mall) every holiday season. Yes, while most people enjoy this time of the year, I work 13 hours a day in crazy busy retail. However, this year, it has been creepily slow! Even worse than the last year, when the market crashed. Come on, people! Buy things! Capitalism has its faults, but it's how our society is structured at the moment. Bad economy => low consumer confidence => worse economy => ...

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