Happy Thanksgiving American Consumer

by Laura Ehrenberg-Chesler on November 25, 2010

in Debt,Economic Indicators,Employment

Yesterday, consumer sentiment rose to its highest level since June.  Improved job conditions, plus early discounts contributed to the rise.  In addition, consumer expectations were also up for the period.  This means individuals are somewhat more optimistic for the future.

We have a lot to be thankful for this season.  Among those many things are the freedom we enjoy in the United States, and the men and women who serve in the armed forces, who ensure that very freedom.

From an economic perspective, we are also thankful that the American consumer has begun to clean up their balance sheets; spending less, saving more, and paying off debt.  This will certainly lead to more sustainable and happy Thanksgiving’s to come.

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