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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (394)5/29/2015 1:01:32 PM
From: Ahda  Read Replies (1) | Respond to of 594
 

Economy View

Curtin said on the call that he doesn’t think confidence will falter after the figures “because consumers had already anticipated a weaker quarter,” though “it may delay the bounceback in sentiment until late June or maybe early July.”

In the May report, 56 percent thought the economy was improving, down from 63 percent a month earlier and 68 percent at the start of the year.

My visual perspective is right along with the 56% who are see a decrease in the improvement signs. My reason simple less food being bought at supermarkets and more monies being spent on eat out. You can justify that by saying two people are working and there is no time left for the kitchen but that can also state that lower income people are feeling totally strained.

The current conditions index declined to a seven-month low of 100.8 in May from 107 in April.

The measure of expectations six months from now decreased to 84.2, the weakest since November, from 88.8.