Confidence Up 10 Percent

Hogsett, Don
January 2005
Home Textiles Today;1/3/2005, Vol. 26 Issue 17, p15
Trade Publication
The article reports that soaring sharply higher than expectations, consumer confidence in the textile markets jumped up more than 10 percent in December to its highest level in five months, helped by an improving jobs outlook and lower energy prices. The widely watched barometer of consumer sentiment, and consumer spending down the road, climbed to a level of 102.3, up 10.5 percent from an upwardly revised reading of 92.6 in November. It marked a big rebound after months of weakness, and the highest point in the index since a reading of 105.7 recorded in July.


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