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NEW YORK – of confidence of the American economy has increased slightly in September, October monthly survey, they continue to grapple with concern employment.

Weak Outlook comes with a bounce in the stock market and features underscore challenges retailers prepare for the season shopping holiday, which should see only modest gains from a year ago.

The Conference Board, a private research group said Tuesday that its consumer confidence index rose to 50.2 to a revised 48.6 in September. Economists surveyed by Thomson Reuters provided a reading of 49.2.

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Index of September marked its lowest since February and was considerably lower 53.2 in the month of August.

It takes a reading of 90 to indicate a healthy economy, a level not approached since the beginning of the recession in December 2007.Les economists carefully monitor confidence because consumer spending accounts for about 70 percent of U.S. economic activity and is essential to a strong recovery.

Index, which measures that shoppers think about business conditions, the labour market and the next six months was retrieve expands since hit lowest 25.3 in February 2009.

In October 2009, the index stood at 48 7.Depuis, it mostly ranged in a tight between the mid-1940s and 50s upper range.May 2010 has proved to be the exception to 62.7, but still it is low.

A barometer of the consumer confidence index which measures how buyers feel now about the economy, increased slightly to 23.9 23.3 October.The other measures, evaluates consumer prospects over the next six months, enhanced to 65.5 67.8.

?...Consumer confidence is historically low, continued "Lynn Franco, Director of the Conference's Consumer Research Center, said in a press release." ""Consumers continue to be very concerned about opportunities on short terme.Les existing indicators and future point towards the same in the coming months.?

While fears eased the economy isn't leads to a double-recession, businesses do not do a lot of offers of employment made when, in September, unemployment remains blocked 9.6%, but the Ministry of labour employment report showed a net loss of 95,000 jobs due to the endemic dismissals of teachers and other workers of local government which compensate for hiring in the private sector.

Life Inc.: home sales data mask thorny issues

Meanwhile, housing rest faible.La National Association of Realtors said Monday that previously occupied homes sales increased by 10% the month dernier.Toutefois, sales remain extremely low compared to the where they were just a year ago.

The survey by the Conference Board, based on a random survey sent to 5 000 households from October 1 to October 19 showed continued concerns of buyers on taches.Ces saying jobs are "hard to get" rose 46.1% of 45.8%, whereas those indicating jobs are "plentiful" decreased 3.5% 3.8%.

Consumers were mixed on the prospects for employment futures.Le percentage of consumers anticipating fewer jobs in the coming months declined 22.0% 22.6% However, the percentage of more jobs declined to 14.1% 14.5%.

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