Tuesday, April 23, 2013

View Economic Outlook climb to Three-Month High

Americans' views of the American economy

improved outlook in March to the highest level this year as

stock prices rallied to record highs. The gap between the positive and negative expectations narrows

to minus 4 this month from minus 7 in February, according to

The results of the Bloomberg Consumer Comfort Index. The Weekly

measure fell for the first time in seven weeks, at minus 33.9

from minus 31.6. Getting in the stock market and home prices as stable as possible

consumers feel wealthier, which gives them the means to

increased spending constitutes about 70 percent of

economy. At the same time, the further improvement in sentiment

tested by a higher payroll taxes and government budget concerns

Cut withstand economic expansion. "Americans grew more confident about themselves

financial and economic situation, "says Joseph Brusuelas, a

senior economist at Bloomberg LP in New York. "The speed is faster

employment growth, the effect of wealth is simple, and what looks

dropped the price of gasoline has supported the possibility of future

expectations for the economy "Other reports. today showed fewer Americans than forecast

file applications for unemployment benefits last week life. First

time unemployment claims rose to life by 2,000 to 336,000 in the week ending

March 16, according to data today from the Department of Labor in

Washington. Economists expected an increase to 340,000. It

monthly average fell to its lowest level since February 2008. Stocks fell, then 500 Index Standard & Poor's

near a record high yesterday, as the German manufacturing

suddenly contracted and president of Cyprus who worked on the new

planning to get a European bailout. The S & P 500 down 0.5

percent to 1,551.5 at 09:36 in New York. Stock price S & P 500 jumped 130 percent from 12-year lows

2009 as the economy recovers from the worst recession in

post-World War II period. Better-than-expected corporate earnings

record monetary stimulus and the Federal Reserve are combined

to promote the stock market. The benchmark S & P 500 rose

two points in 2007 a record last week while the Dow Jones

Industrial Average (INDU) reached an all time high. Now report showed climate comfort weekly purchases

Index is reduced to minus 42.2 from minus 38.4 the prior week.

The size of the American view "on the current state

Economics is cooled to minus 59.5 from minus 57.8, while the gauge

personal finances fell to 0.2 from 1.4 last week before

period. Based on the monthly view of comfort in a Bloomberg survey

figures, 30 percent of respondents this year, said

Economy is improving, while 36 percent stated that about

the same. Unemployment Rate Labor-market development can help to maintain consumer attitude

about the economy. Unemployment fell to 7.7 percent in February,

the lowest in four years, from 7.9 percent in January, and

Employers added 236,000 jobs, the Labor Department reported

earlier this month. Recovery in the residential real estate market is

help stabilize the balance sheets of households. Home prices in 20

Cities in the U.S. has increased in 12 months ending in December by the most

more than six years. The S & P / Case-Shiller index of property

values ​​increased 6.8 percent from December 2011, the largest

year to achieve since July 2006, after advancing 5.4 percent

in November. Advantages of housing is encouraging homeowners to take

more remodeling project, increasing the home improvement retailer

like Lowe cos (low) The Mooresville, North Carolina-based

The company says it serves 9,000 permanent part-time workers

years for selling more appliances and bathroom fixtures. Homeowners who give themselves "psychologically

permission to spend it and feel good about it "as a property

increasing cost, the Chief Executive Officer Robert Niblock Lowe

said in a conference call March 13. Consumer Prices in the tank began to feel the pinch as their

wallet pump price. Cost gallons

regular gasoline average $ 3.69 on March 20, down from $ 3.79 in

February 26, the highest in more than four months, according to

figures from the AAA, the largest U.S. automaker. A further reduction can help relieve some of the fatigue in

household budgets from higher payroll taxes. Levies to fund

Social Security has been restored to 2010 levels of 6.2 percent

of 4.2 percent, which means achieving workers take home $ 50,000

the $ 83 more months. Measuring comfort weekly Bloomberg show confidence falls

three of four regions, led by a decline in the West. Feeling

South improved. Group revenue figure also showed confidence among Americans who earn

Most continue to rise. Air feelings for them

making less than $ 15,000 per year to reach the highest level since

December 2007. Comfort among those without a high school degree

with the highest level of the year, while feeling the strongest since

June among the 35-44 years. Bloomberg Consumer Comfort Index, aggregated by Langer

Research Associates in New York, conducted a telephone survey with

A random sample of 1,000 consumers 18 and older. Each week, 250

respondent is asked for their views on the economy, personal

finances and buying climate. The percentage of negative

response is subtracted from the share of positive views and

divided by three. The reading is based on the latest

average response over the past four weeks. Comfort index can range from 100, indicating every

participants in the survey had a positive response to all three

components, to minus 100, signaling all negative scenes. It

The margin of error for the headline reading is 3 percentage points. If you wish to receive a copy of the results of abundance

Each week, please contact BloombergNewsPR@bloomberg.com To contact the reporter on this story:

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