Saturday, December 10, 2011
Maybe it’s the holiday season or maybe it’s an indicator of things to come. Last month, the Rasmussen Employment Index signaled a slight drop in the national unemployment rate, subsequently borne out by government figures. Now consumer and investor confidence are improving.
The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, is up five points from a month ago. Consumer confidence for the full month of November was the highest it has been since June. Its companion Rasmussen Investor Index, which measures daily confidence among investors, is also up several points from three months ago. Yet more than 60% of both groups believe the country remains in a recession.
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