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September 2008: Affluent Household Outlook:Rises again, buoyed by economic optimism |
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The Affluent Household Outlook rose again, for the third month in a row (+7.3), buoyed by a strong Economy number which rose 11.6 points since July, driven largely by an 19 point rise with Millionaires.
Also up were Household Income and Company Health. Though Household Assets fell slightly (-3.6), perhaps responding to the immediate pinch all of America is feeling from rising gas/oil prices, the overall rise in outlook is heartening.
Though 8.9 points lower than where it stood just a year ago, the Affluent Household Outlook’s recent upward trajectory shows hopefulness and the resiliency of the American investor’s faith in the economy.
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