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27th May 2009, 03:38
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Consumer Confidence Reaches 8 Month High
Based on surveys conducted in May, U.S. consumer confidence appears to be at the highest level seen in the past 8 months, a strong, positive indicator for the future of the economy.
Despite the majority of Americans saying "jobs are hard to get", there was a significant jump in the number who said "jobs are plentiful" on the survey, with the percentage of Americans looking to buy a car in the next 6 months rising to a level not seen in around 12 months. The stock market also saw a nice rally Tuesday, with the Dow Jones gaining 120pts.
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28th May 2009, 18:00
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US jobless claims
Take a look at this info I found in the alerts at ACMs website:
US Initial jobless claims. Current: 623.000. Previous: 631.000. Previous revised: 636.000. Consensus: 628.000. US continued Jobless claims Current: 6.788.000. Previous: 6.662.000. Previous revised: 6.678.000. Consensus: 6.740.000.
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