first_img whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share whatsapp Show Comments ▼ KCS-content center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com CONSUMER confidence rose last month bucking the downward trend of the previous three months as expectations for the future of the economy appeared to improve on the back of positive second quarter GDP growth and improving employment statistics. Nationwide’s consumer confidence index rose five points to 61 in August although the index remains significantly below the long-term average of 83. However, expectations for the future rose seven points to 84, shrugging off the impending austerity cuts, and beginning the recovery from the massive drop of 43 points in the five months from February 2010. Mark Saddleton, Nationwide’s head of economic and market analysis, said: “Consumers expressed greater optimism during August causing the index to recover some of the ground lost since its interim peak in February. It may be that the recent dip was a product of increased caution following the general election as consumers assessed what direct impact a change in government and new austerity measures would have on their individual circumstances.”However, consumers remained pessimistic about the future of the housing market. Consumers now expect the value of their home to decrease by 0.1 per cent over the next six months – a decrease of half a percentage point from July’s figure – which saw a 0.4 per cent rise. Saddleton said confidence would also be affected by speculation over public spending cuts and a difficult jobs market, but positive retail sales on the high street and continued low interest rates would help to stem any further falls. He added: “While there is still a long way to go before it can be said that confidence has returned, these figures are an encouraging sign that consumers may be starting to feel more upbeat as the UK continues to recover from its deepest recession since World War II. However, based on these results alone, it is difficult to say with any degree of certainty whether such optimism will remain for a sustained period of time forcing an upwards curve in confidence.” Confidence is on the up in spite of cuts Monday 13 September 2010 8:44 pm Tags: NULLlast_img

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