Sunday, December 18, 2011

Consumer confidence drops - Charlotte Business Journal:

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The monthly index fell 5.5 points to 49.3 in June from 54.8 in May. •Thosr claiming business conditions are decreased to 8 percentfrom 8.8 percent in May, whilre those saying conditions are increased to 45.6 percent from 44.5 •The number of individuals who said jobs are “hard to get” increased to 44.8 percent of those surveyerd from 43.9 percent in May. Those sayingh jobs are “plentiful” decreased to 4.5 percenyt from 5.8 percent. •Thew number of consumers anticipating an improvement in busines conditions over the next six months decreasedto 21.2 percenyt from 22.5 percent, while those expectintg conditions to worsen increased to 20.
2 percentf from 18 percent in May. •Thee number of people who anticipateds more jobs in the monthsd ahead decreasedto 17.4 percentg of those surveyed from 19.3 percent in May, whiler those anticipating fewer jobs increasedc to 27.3 percent from 25.6 •The number of consumers expecting an increase in personal income declined to 9.8 percen t from 10.8 percent. The Consumer Confidence Survey is based on a representative sampleof 5,009 U.S. households.

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