Jump to content
House Price Crash Forum
Sign in to follow this  
exiges

Consumer Confidence Rises.. Just

Recommended Posts

http://www.nationwide.co.uk/consumer_confidence/default.htm

Little change to confidence in April despite return to growth

Consumer confidence fell back by a modest two points in April following March bounce

Confidence still only four points above its record low seen in February 2011

Small changes in the Index suggest some stability, but at a depressed level

Continued labour market weakness and subdued wage growth suggest conditions remain difficult for consumers

The Spending Index saw the biggest fall in April, losing five points over the month

The Spending Index saw the biggest fall in April, losing five points over the month

It's the spring bounce !

Edited by exiges

Share this post


Link to post
Share on other sites

I think that's last months. According to FF it surged by a whopping 11 points!

http://www.forexfactory.com/calendar.php

I say it's the bank holidays wot dun it.

Edit: your link has updated now:

Sun and the feel-good factor help to boost confidence in May

Confidence Index registers one of its largest ever increases in May

Warm weather, bank holidays and the Royal Wedding likely to have boosted sentiment

Significant increases in Expectations and Spending indices were recorded during the month

But Consumer Confidence is still low at 55, 9 points below the same period in 2010

I was right about the bank holidays B)

Edited by Pent Up

Share this post


Link to post
Share on other sites

LOL, stability!!!!

Stability derived from the fact that the majority can't afford to spend anymore and need to spend what they do to stay alive...

Misses works in retail and keeps telling me her sales are diabolical. Sun, rain, doesn't matter, people don't seem to be spending as much. Top boss of the company is getting well arsey and coming down hard on the regional manages to increase sales.

My surprise is how long we've managed to keep the plates spinning. Gas, electric, car insurance, food, fuel, etc, rises of 5, 10, 15 and 20 percent here and there year after year, at some point it had to filter down.

The housing elephant still seems to be surviving though.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.