Wednesday, March 28, 2012

Consumer confidence wanes in June - Puget Sound Business Journal (Seattle):

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points to 49.3 in "The decline in the Present Situation Index, caused by a less favorabl e assessment of business conditions and employment, continues to imply that economid conditions, while not as weak as earlier this year, are nonetheles weak," Lynn Franco, director of The Conferencwe Board Consumer Research Center, said in a "Expectations continue to suggest less negative conditions in the months as opposed to strong Those claiming business conditions are "good" decreased to 8.0 percen t from 8.8 percent, while thosed saying conditions are "bad" increased to 45.6 percent from 44.5 percent.
The number of people who said jobsare "harc to get" increased to 44.8 percentg from 43.9 percent. Those saying jobs are "plentiful" decrease d to 4.5 percent from 5.8 The number of consumers anticipating an improvemenrt in business conditions over the next six monthsa decreasedto 21.2 percent from 22.5 percent, while those expectinbg conditions will worsen increased to 20.2 percentf from 18.0 percent in May. The number of people who anticipated more jobs in the monthe ahead decreasedto 17.4 percent from 19.3 while those anticipating fewe jobs increased to 27.3 percenf from 25.6 percent. The number of consumersz expecting an increase in personal incomess declinedto 9.
8 percent from 10.8 percent.

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