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US consumer confidence jumps to highest level in 9 years
by Paul Wiseman, AP Economics Writer
The Associated Press Translate This Article
29 November 2016
On 29 November 2016 The Associated Press reported:
US consumer confidence rebounded this month to the highest level in more than nine years as Americans appeared unfazed by a tumultuous election campaign. Americans' assessment of current economic conditions was also the sunniest since July 2007. Their expectations for the next six months were the most optimistic since June 2015. The survey was mostly taken before the Nov. 8 election. Economists monitor the mood of consumers because their spending drives growth, accounting for almost 70 percent of U.S. economic output. The U.S. economy looks healthy.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
To read the entire article click here
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