That's A MAJOR Surge In Consumer Confidence

TBI ^ | 9-25-2012 | Joe Weisenthal

[Buckeye McFrog]

Apparently they do not use my methodology (which involves walking around the malls and counting the vacancies)

[GoldenPup]

That's A MAJOR Surge In Consumer Confidence

PATENT BULLSHIT from the "yellow-stream" media, as usual.

[TYVets]

The Consumer Confidence Survey poll numbers will be revised dramatically downward on November 7, 2012

[Longbow1969]

Obama and his media supporters have been pushing the idea that things are getting better to help his re-election. This is simply the liberal/Democrat half of the electorate responding and being more confident. The poll isn’t wrong, it is simply measuring people on the left responding to Obama’s campaign message. Not a surprise, Obama is very effective at this for short periods of time when he needs to be.

[markman46]

went through this last yr, just back to school/college shopping is all will go back to flat next month.

[goodnesswins]

what’s the significance of that date?

[2001convSVT]

Ben Bernanke QE3 bounce?

[Vaduz]

Consumer confidence surged from 61.3 last month to 70.3 this month.
1.Back to school products
2.Building supplies for storm damage
3.

[jonno]

...predicting a change...

This was my first thought...

[blam]

"what’s the significance of that date?"

Isn't that the Mayan calendar 'end of the world' date?

[tanknetter]

There are also the stories about major planned hiring in advance of the holidays (so mainly temp/seasonal jobs) such as the one this morning about Toys R Us starting to hire 50,000 workers.

The story on TRU also played up how last year 15k temps were converted to perm employees. The Sept jobs numbers are going to play a huge role in the election... We’ll see what happens.