home  bbs  files  messages ]

      ZZCA4353             can.atlantic.general             3283 messages      

[ previous | next | reply ]

[ list messages | list forums ]

  Msg # 3250 of 3283 on ZZCA4353, Monday 7-14-24, 8:50  
  From: ABC  
  To: ALL  
  Subj: Canadians more optimistic about economy  
 XPost: can.ai, can.francais, can.taxes 
 From: abc@123.cl 
  
 Canadians more optimistic about economy 
  
 September 29, 2009 
  
 Rising optimism about a job market in which unemployment is 
 nevertheless running at an 11-year high of 8.7% helped lift the index, 
 which measures consumer attitudes toward major economic trends. 
  
 OTTAWA -- Canadians' optimism about the economy rose for the seventh 
 straight month in September, the longest streak of consecutive 
 increases since 2002, the Conference Board of Canada reported Tuesday. 
  
 The board's confidence index climbed 2.5 percentage points during the 
 month, lifting the measure to a reading of 90.9 after having fallen to 
 67.7 in the depths of the economic downturn late last year. 
  
 It is the index's highest reading since April 2008. 
  
 Rising optimism about a job market in which unemployment is 
 nevertheless running at an 11-year high of 8.7% helped lift the index, 
 which measures consumer attitudes toward major economic trends. 
  
 The share of respondents who said they expect more jobs six months from 
 now rose 1.3 points to 22.8%, three times higher than in January. 
  
 Respondents' greater optimism about their current financial situation 
 also contributed, as the number who felt their families were worse off 
 today than six months ago fell 3.2 percentage points to 23.6%. At the 
 same time, those who felt they were better off rose 1.3 points to 
 13.7%. 
  
 However, respondents' pessimism about their future economic conditions 
 also rose, with the number who said they would be better off falling 
 0.8 percentage points to 27.5. 
  
 Attitudes toward making a major consumer purchase moved into positive 
 territory, and at a reading of 49.9%, reached its highest point since 
 November 2007. 
  
 Regionally, the only area where consumer confidence fell was the 
 Prairies. 
  
 The study was conducted in early September and has a margin of error of 
 plus or minus 2.2%. 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

[ list messages | list forums | previous | next | reply ]

search for:

328,078 visits
(c) 1994,  bbs@darkrealms.ca