Friday, November 11, 2011

Is Confidence Increasing?

The article entitled, "Michigan Sentiment Index Rises," discusses how the University of Michigan preliminary index of consumer sentiment for this month is the highest since June. They say that one potential cause for this increase could be contributed to more hiring as less people are claiming jobless benefits. This trend could also help greatly influence a potential increase in consumer spending, even as Europe's debt crisis threatens global growth.

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