Consumer Confidence at Highest Level ...
By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
Consumer Confidence at Highest Level in Over a Decade February 10 2015 Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that: “Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospects for the national economy as the best in a decade, with half of all consumers expecting the economic expansion will continue for another five years. The anticipated strength in the overall economy has been accompanied by more favorable income and employment expectations.” Here is a chart showing results over the last decade: As all consumers are feeling more optimistic, more young adults are moving out of their parents’ bas...
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