That stock News

NEW YORK – Trust Americans has increased to a maximum of five months in November in the middle of the most promising signs for the economy.

The report provided some comfort at U.S. retailers during the holiday shopping but shoppers remain pessimistic as they grapple with a high unemployment rate.

The Conference Board, a private research group based in New York, said Tuesday that its consumer confidence index increased 54.1 in November, a 49.9 revised in October.

November is the highest since June, when the index stood at 54.3.Economists polled by Thomson Reuters should 52.0.

A classic vacation consider indispensable toys that transformed normal parents in thriving détritivores.OH and what they are now on eBay. Your career: surviving the feast of the Office of the party that $500 K gets you housing everywhere in Life United States Inc.: mittens can be new Tickle Me Elmo

Index of September is the lowest since February and was in sharply from 53.2 in August.It takes a level of 90 to indicate a healthy economy, which has not been contacted since the beginning of the recession in December 2007.

Is one of the components of the index that Americans now believe economy, passed to 24.0, maximum 23.5.Another gauge that measures the American how touch the economy over the next six months, passed to 74.2 of 67.5 last month.

"Consumer confidence is now at its highest level in five months, a welcome sign that we enter the holiday season," Lynn Franco, Director of the Conference of the Consumer Research Center, said in a release."Evaluation of consumers in the current state of the market economy and employment, as only slightly better last month, said the economy while is still expanding, although lentement.Nous hope that improve the mood of consumers continue in the coming months.

Index, which measure how respondents felt on commercial terms, the labour market and the next six months, has recovered expands since hit lowest 25.3 in February 2009.In October 2009, the index stood at 48 7.Depuis, it has oscillated in a tight between the mid-1940s and 50s upper range.May 2010 was one month when the index topped 60.

Economists carefully monitor confidence because consumer spending accounts for about 70 percent of U.S. economic activity and is essential to a strong recovery.But a labour market bounce is necessary for buyers to look like in spending.

History: Home prices fall in most metropolitan areas more quickly

There has been some encouraging signs.Income Americans rose 0.5% % in October, boosted by a 0.6% increase in wages and salaries, according to a Government report released the month last .c ' after revenues has any rise in September.

At the same time, slowing the pace of updates pied.Les initial jobless claims fell 34,000 a 407 000 seasonally in the week ending November 20, said the Department of the travail.revendications fell in four to six weeks.

Meanwhile, housing remains a drag, underlined by the last published report mardi.Prix real estate are going down faster in the cities of the country, and a record number of foreclosures is supposed to push prices even by next year, according to a widely watched housing index.

Standard & Poor s/case-Shiller 20-city home price index fell 0.7% in September to August Dix-huit towns recorded monthly price declines.

? 2010 The Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

View the original article here