Consumer Confidence On The Rise
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Consumer Confidence On The Rise
Despite the ongoing international economic crisis, there are clear glimmers of hope showing through the financial cloud. Since the bank bailout in the United States, people have been able to put money in the bank without worry, causing the national savings rate in the United States to rise by a significant percentage.
Just last week, retail sales fell but not nearly by the margin experts expected them to drop by.
The stock market finally showed significant gains last week, rising for three consecutive days for the first time since January.
These three indicators, among many others, show consumer confidence is on the rise, hinting that consumers as well as investors see an eventual end to this economic crisis.