Saturday, January 1, 2011

U.S. March consumer confidence index rebounded.

<P> Authority of the Conference Board research report released 30 June, U.S. consumer confidence index rebounded in March, and better than market expectations. .</ P> <P> report showed U.S. consumer confidence index in March was 52.5, higher than February's 46.4, as amended, also higher than the market had widely expected 50.0. .Typically, the index over 90 means that the basis of U.S. economic growth is more solid, more than 100 means that the strong economic growth. .The report also showed that consumers view the job market improved slightly. .</ P> <P> 29 U.S. Department of Commerce data released showed U.S. consumer spending in February increased by 0.3%. .Analysts believe that the rebound in consumer confidence and personal consumption expenditure growth will increase the market for the upcoming Friday the U.S. March jobs report's optimistic expectations. .</ P> <P> personal consumption expenditure as a percentage share of the U.S. economy about 70%, the consumer confidence index is forecast market as an important indicator of economic trends. .30 report was released, the New York Stock Exchange rose slightly, crude oil futures prices also will rise. .</ P>.

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