Guest Posted May 19, 2011 Report Share Posted May 19, 2011 Latest release shows consumer confidence slightly lower, but close to all time low seen in Feb 2011. Quote Link to post Share on other sites
Pent Up Posted May 19, 2011 Report Share Posted May 19, 2011 Don't worry it's "stabilised"* *just four points of the all time low. Quote Link to post Share on other sites
Cinzano Bianco Posted May 19, 2011 Report Share Posted May 19, 2011 This kind of spin is genius: Small changes in the Index suggest some stability, but at a depressed level Quote Link to post Share on other sites
Guest Posted May 19, 2011 Report Share Posted May 19, 2011 Don't worry it's "stabilised"* Indeed.... the downward trend is very stable.... 2010 jan 69 feb 73 mar 83 apr 72 may 74 jun 65 jul 63 aug 56 sep 61 oct 53 nov 52 dec 45 2011 jan 52 feb47 mar 38 apr 44 may 43 Quote Link to post Share on other sites
MC Fur Q Posted May 19, 2011 Report Share Posted May 19, 2011 Housing market expectations Consumers continue to show caution towards the housing market They expect the value of their homes to fall by 1.1% over the next six months. This compares to a decrease of 0.9% they expected in March 2011 So people's expectations of drops have accelerated by 22%! Quote Link to post Share on other sites
exiges Posted May 19, 2011 Report Share Posted May 19, 2011 Yep, the cat is dead.. Good news it's not getting deader ! Quote Link to post Share on other sites
The Masked Tulip Posted May 19, 2011 Report Share Posted May 19, 2011 Thank goodness house prices are going up. I look forward to the next Nationwide house price report - would be nice if a journalist questioned them how their consumer confidence report is going down but, possibly, their house price one is going up. Quote Link to post Share on other sites
scottbeard Posted May 19, 2011 Report Share Posted May 19, 2011 Thank goodness house prices are going up. I look forward to the next Nationwide house price report - would be nice if a journalist questioned them how their consumer confidence report is going down but, possibly, their house price one is going up. Not sure of your point: it's not going up - the last Nationwide figure was -0.2% MoM Quote Link to post Share on other sites
rantnrave Posted May 19, 2011 Report Share Posted May 19, 2011 Not sure of your point: it's not going up - the last Nationwide figure was -0.2% MoM Stripping out the seasonal adjustment, it was actually up. Quote Link to post Share on other sites
rantnrave Posted May 19, 2011 Report Share Posted May 19, 2011 This kind of spin is genius: No-one can accuse the media of talking this country back into recession, that's for sure. Quote Link to post Share on other sites
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