Real estate blog entries tagged with consumer confidence by Jan Delimont, Principal Broker (Prudential Seaboard Properties)

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Home : Blogs : Jan Delimont, Principal Broker : Coos Bay Oregon Real Estate : Tag "consumer confidence"

consumer confidence: Continued Jobs Gains Offer More Hope For Housing - 03/12/12 09:18 PM

The economy added 227,000 jobs in February and surpassed economists’ expectations, according to the U.S. Bureau of Labor Statistics. Employment improved in professional and business services, health care and social assistance, leisure and hospitality, manufacturing, and mining. The official unemployment rate was unchanged at 8.3 percent. The gains make it seven-straight months with at least 100,000 jobs added, which is the longest streak since 2005. Continued improvement in the labor market, combined with high affordability and increasing consumer confidence, is key to a significant and sustained housing-market recovery. More here and here.

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consumer confidence: Consumer Sentiment Rises Again, Hits 11-Month High - 01/31/12 12:02 AM

According to the Thomson Reuters/University of Michigan consumer sentiment index, Americans’ confidence in the economy rose again in January. The overall reading for the month rose to 75.0 from 69.9 in December. It was the highest reading since February 2011 and a better-than-expected improvement. Richard Curtin, the survey’s director, said the recent gains in confidence are dependent on continued gains in employment and, as long as the job market continues to improve, real consumer spending should post a 2.1 percent gain in 2012. The component of the index measuring current economic conditions rose nearly five points and the gauge of … (1 comments)

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Jan Delimont, Principal Broker

Coos Bay, OR

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Prudential Seaboard Properties

Address: 556 N. Bayshore Drive, Coos Bay, OR, 97420

Office Phone: (541) 269-0355

Cell Phone: (541) 290-1850

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Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon

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