Consumer confidence rises sharply
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Improving labor market conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in December, a good sign for growth heading into the new year.
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South Korean business confidence rose for the first time in four months in August because of rising exports and expectations of a recovery in consumer spending ahead of the Thanksgiving Chusok holidays later this month.
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U.S. consumer sentiment strengthened in December as cheaper gasoline bolstered confidence during the key holiday retail season, according to a survey released on Thursday.
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The pound firmed following a slightly stronger than expected consumer confidence reading.
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Stocks rose on Tuesday, helped by another round of proposed takeovers and a report showing a stronger-than-expected reading in consumer confidence.
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Stocks rose yesterday as reports on personal income, consumer confidence and durable goods suggested the economy may sustain above-average growth through next year.
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U.S. consumer confidence grew to a  five-month high in December, bolstered by improved employment  opportunities and cheaper energy, according to a report  released on Tuesday.
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Wall Street resumed its year- end rally yesterday, bolstered by a report that showed consumer confidence had jumped sharply in recent weeks.
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Consumer spending rose at the fastest rate in more than two years in November and prices also climbed sharply, according to a government report on Friday that showed the economy on firmer ground than many had believed.
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Falling energy prices and better job  prospects boosted U.S. consumer confidence in September, while  a regional manufacturing index rose, tempering some concerns  about an economic slowdown, according to reports on Tuesday.
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Improving labor market conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in the economy in December, a good sign for growth heading into the new year.
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Wall Street resumed its year-end rally, bolstered by a new report which showed consumer confidence had jumped sharply in recent weeks.
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Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market.
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An index of consumer confidence in the United States jumped more than forecast in May, signaling consumers will continue to spend in the face of record gasoline prices and a slumping housing market.
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A strong rise in the latest measure of US consumer confidence has boosted stock prices on Wall Street. The consumer sentiment index published by the private-sector Conference Board has registered its biggest increase in 14 months.
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The news was good for many retailers over the holiday weekend as enthusiastic consumers took to stores in droves on Black Friday and bought at a higher rate than last year.
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U.S. consumer confidence grew to a five-month high in December, bolstered by improved employment opportunities and cheaper energy, according to a report released on Tuesday.