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Make America Great Again
Join Date: Oct 2006
Location: Springpatch
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Consumer confidence hits a 5 year high.
I'd say we're getting there.
Finally. http://www.cnbc.com/id/49388260 Consumer Sentiment Rises Unexpectedly to 5-Year High By: Reuters Published: Friday, 12 Oct 2012 | 10:03 AM ET U.S. consumer sentiment unexpectedly rose to its highest level in five years in October as consumers became more optimistic about the overall economy in a possible boost to President Obama's reelection hopes next month. The Thomson Reuters/University of Michigan's preliminary October reading on the overall index on consumer sentiment came in at 83.1, up from 78.3 the month before, and the highest since September 2007, the survey showed on Friday. It was well above the median forecast for a slight decline to 78 among economists polled by Reuters. The new buoyancy among consumers comes shortly after the U.S. unemployment rate tumbled to its lowest level in nearly four years in September as more people returned to the workforce and found jobs than economist had predicted. "We are getting some quite interesting signals from consumer sentiment and employment data — both (the) unemployment rate and initial claims — that there has been some quite significant improvement in the economy," said David Sloan, an economist at 4Cast in New York. U.S. stocks were higher after the news. The S&P 500 [.SPX 1434.59 1.75 (+0.12%) ] climbed 0.2 percent in morning trade but pared some of its earlier gains as equities struggled to make headway after recently climbing to highs not seen in five years. Meanwhile, U.S. Treasury debt prices trimmed their gains. (Read more: Biggest Debtor Nations) The unexpected jump in consumer sentiment in October came as consumers felt better about the economy in both the long and the short term, the compilers of the Thomson Reuters/University of Michigan survey said. "What changed was how they (consumers) evaluated economic conditions," survey director Richard Curtin said in a statement. "Economic conditions during the year ahead were expected to be 'good' by more consumers, and more consumers expected 'good' economic times over the next five years." The survey's gauge of consumer expectations jumped to 79.5 from 73.5, well above an expected reading of 74. Expectations were at their highest since July 2007. The survey's barometer of current economic conditions rose to 88.6 from 85.7 and was above a forecast of 86. A separate report showed U.S. producer prices rose more than expected in September as the cost of gasoline surged, but underlying inflation pressures were muted in a sign the Federal Reserve has room to carry out its new monetary stimulus program. The Labor Department said on Friday its seasonally adjusted Producer Price Index increased 1.1 percent last month. Economists polled by Reuters had expected prices at farms, factories and refineries to rise 0.7 percent after climbing 1.7 percent in August. |
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#31 |
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Join Date: Aug 2000
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I agree...rare to agree with Direckshun, but I do. It does appear that the kids in Washington will be voted out and adults will take over and get serious about our problems. I have been holding back on purchasing many things..primarily a new car, or two, and I will by purchasing if Obama is voted out. If not, I'll be buying ammo, a couple more guns, silver and some MRE's.
Either way, Im going to be buying something.
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#32 | |
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#33 |
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Join Date: Aug 2000
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Truth be told, I have already started...Im getting in on the ammo while prices are 'cheap' prior to the election. If it's not needed, Ive got a lot for target practice, but 600 rounds last week to add to my existing stash is fine. Im over 1000 in 9mm, and about 800 in .40...and 400 12 gauge.
If anything, it's good for barter when the economy crashes. Ive got food and water purification set up. If Obama's elected, we dont survive 2016.
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#34 | |
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#35 | |
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Im probably going to buy/build an AR, and Im looking to get .223 as well. I have 4 close friends that have built up as well and we'll all get together should the SHTF. Im bursting at the seams and Im stashing ammo everywhere at this point. I do worry about the country...I worry about panic, and I only want to protect my family and friends. In the worst case, I'd only defend my family...if that means killing, so be it.
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#36 |
The Shepherd
Join Date: Feb 2001
Location: Sunny Florida
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You're all way way off here...we won't make it out of this December 21st.
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The truth is you're the weak and I am the tyranny of evil men. But I'm tryin Ringo...I'm tryin real hard to be the shepherd. |
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#37 | |
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I hear ya. Godspeed brother. |
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#38 |
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#39 |
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Heh...yeah, I forgot!
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#40 | |
One Groovy Cat
Join Date: Aug 2001
Location: The Pitt State baby
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To you, however, you're not very bright. You know nothing of my situation but choose to speculate. Simple bit of advice from ol honest Abe: "Better to be silent and thought of as a fool then to speak out and remove all doubt." Pitt State is a fine school and one I can afford, grad school will be a different story. |
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#41 | |
Arf! Arf! Arf!
Join Date: Dec 2007
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My ex-brother-in-law went back at an age a little older than you and got his Masters Degree after starting his position with a 2 year technical degree. Had a ton of respect for him as he was still working full-time, but he was fortunate enough to have his company pay his way. Not sure how he did it with a wife and 2 young kids. I had a hard enough time just working full-time and going to school in my late teens and early twenties for my BA
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#42 | |
One Groovy Cat
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#43 |
Arf! Arf! Arf!
Join Date: Dec 2007
Location: North
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Good for you. You have my respect for trying to better yourself. Hope it all works out for you
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2013 ADOPT A CHIEF Eric Kush ![]() "Often is a word I seldom use"--JP |
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#44 |
Quit your bullshit
Join Date: Jul 2005
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Keep fighting the good fight. Good luck to you.
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#45 |
One Groovy Cat
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