国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Tax reform, stock prices shore up U.S. consumer confidence index

Source: Xinhua| 2018-02-03 03:02:29|Editor: yan
Video PlayerClose

CHICAGO, Feb. 2 (Xinhua) -- U.S. Consumer Sentiment Index was 95.7 in January 2018, down 0.2 points from December's 95.9 and 1.1 points from the 2017 average of 96.8, which was the highest yearly average since 2000, according to the Surveys of Consumers conducted by the University of Michigan (UM) Institute for Social Research.

Meanwhile, the Current Conditions Index was 110.5 in January, down from December's 113.8 and last year's 111.3; the Expectations Index was 86.3, between December's 84.3 and last year's 90.3.

All-time record numbers of consumers mentioned stock price increases and tax reforms as the reason behind the consumer sentiment remaining for more than a year at very favorable levels, said UM economist Richard Curtin, director of the surveys.

In January survey, 35 percent of the consumers surveyed spontaneously made favorable references to government economic policies, the highest level in more than a half century, and most of these references involved the recently passed tax reforms.

Moreover, the highest proportion of consumers ever recorded mentioned that the value of their household's asset holding had increased, as they anticipated an annual gain of 2.1 percent in income.

While consumers continued to expect growth in jobs and incomes, they also anticipated a slightly higher inflation rate during the year ahead. Data indicate that real personal consumption expenditures will expand by 2.8 percent in 2018.

"This basic sense of economic confidence only occurs after uncertainty is substantially reduced," said Curtin.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521369455111
主站蜘蛛池模板: 孙吴县| 姜堰市| 桐梓县| 连云港市| 潮安县| 察雅县| 吉林市| 桑日县| 保定市| 扶风县| 永春县| 英吉沙县| 宜都市| 沧州市| 莒南县| 博乐市| 大安市| 田林县| 金平| 莆田市| 电白县| 易门县| 哈密市| 海门市| 伊川县| 衡南县| 临邑县| 兰考县| 巩留县| 华蓥市| 吴川市| 佳木斯市| 太湖县| 连南| 巴塘县| 巴彦县| 隆子县| 瑞昌市| 中卫市| 额敏县| 盐山县|