Consumer confidence in US rises: Report - Instablogs
Consumer confidence in US rises: Report
Balendu , Delhi: Feb 28 2007
Made Popular Feb 28 2007
Confidence among U.S. consumers dramatically shot up to the highest in more than five years this month, due to rising wages and an expanding job market. The Conference Board reported that the consumer confidence index rose to 112.5 in February from a...
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People are getting truly depressed with the economic situation in the United States. With all the non-stop increase in price of commodities, plus the unexpected catastrophes that would ruin us financially, people are forced to go to payday loans out of desperation to get some extra cash. There appears to be bad news all over the world about the economy, everywhere you turn. More and more people are facing unemployment and finding it extremely difficult to maintain the smallest financial flow. So I went in search of some good news. Turns out, recession is actually good for some industries. Discount, retail and fast food stores, in particular, have increased profits amid the recession.
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