debtconsolidationconnection.com
501 (c)(3) non-profit Organization
Free Consultation
Current economic perceptions improve, while consumer credit counseling can help with future
By Sam Craine on May 3rd, 2010
As the economy shows signs of improvement, consumers may be feeling a little more secure, according to a recent report from the Conference Board.
The organization's Consumer Confidence Index increased from 52.3 in March to 57.9 in April. That is the highest level seen since September 2008, when the index measured 61.4.
"Consumer confidence, which had rebounded in March, gained further ground in April," said Lynn Franco, director of the Conference Board's Consumer Research Center.
The index showed that consumers felt better about present conditions in April. The number of people who said things were "good" rose to 9.1 percent after being at 8.5 percent. Furthermore, those saying conditions were "bad" for businesses dropped from 42.1 to 40.2 percent.
Those who said jobs were abundant increased from 4 to 4.8 percent, and respondents who felt that employment was hard to come by declined from 46.3 to 45 percent.
Naturally, and improved employment picture should bode well for Americans, some of whom where forced to rely on credit cards to make ends meet during the recession. With new-found income, people may consider visiting a consumer credit counseling agency, which can help them plan out a budget that is within their means.
More Consumer Credit Counseling News
