Hello There, Guest! (LoginRegister)

Post Reply 
U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
Author Message
usmbacker Offline
Hall of Famer
*

Posts: 17,677
Joined: Nov 2003
Reputation: 1320
I Root For: Beer
Location: Margaritaville
Post: #1
U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
[Image: ifzfo6.jpg]

Another hit to the legacy of the former community organizer.

Quote:U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Tuesday from the New York-based Conference Board.

Key Takeaways

Jumps in the Conference Board’s measures of the present situation and expectations signal Americans are becoming more upbeat about the economy and employment as the labor market improves and stock prices climb to records. Improvement in household confidence helps underpin their spending, the biggest part of the economy.

The results are consistent with other reports that showed economic activity and confidence are bouncing back, in part a sign that the hit from the recent hurricanes is dissipating. The University of Michigan’s consumer sentiment index climbed in October to the strongest since the start of 2004, while the Bloomberg Consumer Comfort Index is near the highest level of the expansion.

The share of respondents who say jobs are plentiful rose to 36.3 percent, the most since June 2001, while people reporting good business conditions increased to 34.5 percent, matching the highest since 2001.

https://www.bloomberg.com/news/articles/...since-2000
11-02-2017 09:12 AM
Find all posts by this user Quote this message in a reply
Advertisement


UofMstateU Offline
Legend
*

Posts: 39,084
Joined: Dec 2009
Reputation: 3551
I Root For: Memphis
Location:
Post: #2
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
But some dipshits on here want to try to tell us that Trump is polling in the 30's, and the polling data is legit.

bwahahahahahahhahahahahahahahah

MUH MAGIC WAND
11-02-2017 09:19 AM
Find all posts by this user Quote this message in a reply
UCF08 Offline
Hall of Famer
*

Posts: 12,262
Joined: Feb 2011
Reputation: 211
I Root For: UCF
Location:
Post: #3
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
(11-02-2017 09:19 AM)UofMstateU Wrote:  But some dipshits on here want to try to tell us that Trump is polling in the 30's, and the polling data is legit.

bwahahahahahahhahahahahahahahah

MUH MAGIC WAND

Holy sh*t, did you just criticize the polling data for being inaccurate by pointing to polling data?
(This post was last modified: 11-02-2017 11:59 PM by UCF08.)
11-02-2017 11:57 PM
Find all posts by this user Quote this message in a reply
stinkfist Offline
nuts zongo's in the house
*

Posts: 68,384
Joined: Nov 2011
Reputation: 6862
I Root For: Mustard Buzzards
Location: who knows?
Post: #4
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
(11-02-2017 11:57 PM)UCF08 Wrote:  
(11-02-2017 09:19 AM)UofMstateU Wrote:  But some dipshits on here want to try to tell us that Trump is polling in the 30's, and the polling data is legit.

bwahahahahahahhahahahahahahahah

MUH MAGIC WAND

Holy sh*t, did you just criticize the polling data for being inaccurate by pointing to polling data?

one drives the market.......the other supposedly drives the primaries/election......

oh snap-iocca mocha puddin'......how 'bout 'dem apples????
11-03-2017 12:04 AM
Find all posts by this user Quote this message in a reply
Advertisement


bullet Offline
Legend
*

Posts: 66,301
Joined: Apr 2012
Reputation: 3285
I Root For: Texas, UK, UGA
Location:
Post: #5
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
https://amgreatness.com/2017/11/06/cross...p-rubicon/

"...Like Trump or not, by the end of his first three quarters of his presidency, GDP growth had rebounded and was growing at a pace set to achieve 3 percent for the year. Real unemployment (U6) had fallen below 8 percent; business and consumer confidence were at record levels. Energy production was likewise. Manufacturers expressed confidence unlike that seen in the last two decades. Corporate profits were unparalleled. The radical turnabout was largely Reaganesque in spirit—predicated on a new can-do psychological climate, ending insidious deregulation, the specter of impending tax-cuts, and a determination that manufacturing could return to the United States if energy was cheaper than elsewhere and industry had proper incentives. One can see the sudden bustle anywhere one goes...."
11-07-2017 08:28 AM
Find all posts by this user Quote this message in a reply
450bench Offline
Moderator
*

Posts: 30,771
Joined: Feb 2005
Reputation: 2301
I Root For: Memphis
Location: Memphis
Post: #6
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
(11-07-2017 08:28 AM)bullet Wrote:  https://amgreatness.com/2017/11/06/cross...p-rubicon/

"...Like Trump or not, by the end of his first three quarters of his presidency, GDP growth had rebounded and was growing at a pace set to achieve 3 percent for the year. Real unemployment (U6) had fallen below 8 percent; business and consumer confidence were at record levels. Energy production was likewise. Manufacturers expressed confidence unlike that seen in the last two decades. Corporate profits were unparalleled. The radical turnabout was largely Reaganesque in spirit—predicated on a new can-do psychological climate, ending insidious deregulation, the specter of impending tax-cuts, and a determination that manufacturing could return to the United States if energy was cheaper than elsewhere and industry had proper incentives. One can see the sudden bustle anywhere one goes...."

Man, the left will have a tough, tough time spinning that...they'll try though. And fail.
11-07-2017 08:56 AM
Find all posts by this user Quote this message in a reply
LSU04_08 Offline
Deo Vindice
*

Posts: 18,020
Joined: Jul 2013
Reputation: 234
I Root For: The Deplorables
Location: Bon Temps, La
Post: #7
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
(11-02-2017 09:12 AM)usmbacker Wrote:  [Image: ifzfo6.jpg]

Another hit to the legacy of the former community organizer.

Quote:U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Tuesday from the New York-based Conference Board.

Key Takeaways

Jumps in the Conference Board’s measures of the present situation and expectations signal Americans are becoming more upbeat about the economy and employment as the labor market improves and stock prices climb to records. Improvement in household confidence helps underpin their spending, the biggest part of the economy.

The results are consistent with other reports that showed economic activity and confidence are bouncing back, in part a sign that the hit from the recent hurricanes is dissipating. The University of Michigan’s consumer sentiment index climbed in October to the strongest since the start of 2004, while the Bloomberg Consumer Comfort Index is near the highest level of the expansion.

The share of respondents who say jobs are plentiful rose to 36.3 percent, the most since June 2001, while people reporting good business conditions increased to 34.5 percent, matching the highest since 2001.

https://www.bloomberg.com/news/articles/...since-2000

LOL! You wouldn't think so with the fake approval ratings the DNCMSN keeps putting out... Hell, Trump's gonna be polling single digits in 2019 and still get reelected because errbody hates him.
11-07-2017 09:25 AM
Find all posts by this user Quote this message in a reply
fsquid Offline
Legend
*

Posts: 81,357
Joined: Jan 2004
Reputation: 1835
I Root For: Memphis, Queens (NC)
Location: St Johns, FL

CrappiesCrappiesCrappiesCrappiesMemphis Hall of Fame
Post: #8
RE: U.S. Consumer Confidence Just Hit Its Highest Level In Almost 17 Years
I still think the issue with polling data is you still have people who won't answer the questions honestly that they are pro-trump. He's basically polling the same now as he dd the week before the election.
11-07-2017 09:39 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.