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US Consumer Confidence Is Both The Highest & Lowest In 2015 Depending On Who You Ask
According to the government-sponsored Conference Board, US Consumer Confidence soared from 91.0 to 101.5 - 2015 highs - in August.
Acording to non-government-sponsored Gallup, US Consumer's Economic Outlook collapsed to its lowest in a year.
You decide...
The Conference Board data is driven by a surge in Present Situation from 104 to 115.1 - its highest in the cycle - as it appears higher gas prices, tumbling stocks, and a China meltdown means everything is awesome!! Which is odd because Plans To Buy A Home, Auto or Major Appliance all tumbled.
As Gallup explains,
this latest average was the result of 37% of Americans saying the economy is "getting better" and 58% saying it is "getting worse."
The situation in China may continue to reverberate in the U.S., with U.S. stocks closing much lower on Monday and European markets starting the week with large drops. To the extent stock markets continue to suffer, particularly if this affects broader aspects of the economy, Americans' confidence could be shaken further in the coming week.
Charts: Gallup and Bloomberg
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LOL
WTF
Poles apart................................Poles
Just propaganda to "support" the rate increase they HAVE TO implement...
Remain calm. All is well.
Other than that, I have no concerns.
This is what I love about this site. Pointing out the obvious manipulations.
Don't panic! Form a line and orderly exit right.
All with the hope that someone who hasn't seen the obvious at this point will actually have an epiphany. It can fall under "preaching to the choir", but I think a lot of us hope that somebody else may get the message and have their eyes opened.
HEY! Everything is great cuz' weez' all gonna' die!
Does that cover it?
full fucking propaganda retard....
what a fucking joke of a country.......
We are the all singing all dancing crap of the world!
Schroedinger's Consumer Confidence.
I don't trust either. I trust what I see and hear. I see more store closing, people walking around malls with no bags, more people showing up at the food pantry, and more home for sale signs daily. I hear people complain that they have no money and they are very worried about the future.
If I am a few minutes late for work I see a lot of guys on my street taking kids out and starting in on lawn work. Lots of guys.
I think pride has made this the silent suffering it is. Most are somewhat ashamed that they cannot find work, maybe have a spouse that works, so they stay quiet and nut it up until things get better. I also hear from the food pantry constantly since we have been providing sonce 1994. They are asking for just a little bit more every time we get a notice.
This has to boil over at some point. Right?
"This has to boil over at some point. Right?"
Honestly. I thought it would long ago. Now, I'm not so sure.
When you're raising your hand to try and get noticed, amongst the thousands of other people clamoring behind a flatbed truck in the morning to try to get work picking fruit in an orchard for just one days pay, thats when it will probably begin to boil over.
On the other hand, a lot of people are very thankful that others like yourself still have the decency to be charitable, and God Bless you.
The wife's constantly beating me with this pride stuff. She has too much pride to retire and accept "welfare" (her pension and/or SS). I don't have any pride because I do, etc.
I don't know why I let it bother me. She was just screaming this shit for a couple hours yesterday, and now I'll be pissed for a while.
Better get it while you can.
if its so good - then why are they showing up for trump & sanders?
seems like a protest to me
No propaganda from the U.S government exists though. That's what the sheeple say. That type of stuff only exists in those evil countries like China and Russia....
Doc is dead on....I aint never seen so many heroin addicts stumbling around at all hours in my life! No matter the time of day or weather...somebody must be shipping this shit in here in a gosh darn semi truck on a weekly basis...
Most of the Afghan heroin is shipped into Ramstein AB ,Germany and Incirlik AB, Turkey . Using military aircraft.
Feels like we're living in this Star Trek episode!...
It is the best of times, it is the worst of times.
I had to have the yin-yang coffee table.
One is like fire, one is like ice. I try to be like lukewarm water.
Why come me lease new Caddy for less pennies than cable pay.
I gett dummer dummer by time.
Who ever doin it it working.
i take nap now weres my binky
Get this shit off the news. This is a lie, this is not an economic report!
I'll trust the 'Confidence Board's' number. ;)