Archive for the ‘consumer’ tag
U.S. consumers are taking a step away from crisis
It’s a matter of confidence
Consumer Confidence in the U.S. rose in February for the second month running as a conservative indication that U.S. consumers are regaining confidence in the future. The final figures for the Michigan consumer confidence index landed at 57.3 in February against 56.8 expected.
In growth
U.S. private consumption accounts for approx. 70 per cent. growth and is therefore a crucial factor in relation to a reversal of the economic cycle. The slightly rising consumer confidence reinforces the belief that later this year, a reversal in growth, writes Bloomberg News. read more aboute the growing consumer trust here
The american balance of trade better than expected
Positive news
The deficit on the balance of trade was smaller than it was first expected in november. Whereas experts were expecting that the deficit would approch minus 51 billion dollar, but the good news is that the latest numbers shows that it actually is minus 40,4 billion dollard.
Small light
In october the deficit approched minus 56,7 billion dollars. With the lastes decrease we now have the greatest fluctuations in 12 month. This could be seen as really good news, as this has been giving the stock market a small boost up. The american dollar has also experienced being stronger compared to other valutas. read more aboute the american balance of trade here