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Affluent Household Outlook Strongest Rise in a Year |
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For the first time in five months the Household Outlook rose above zero, with the strongest single-month increase in a year. Showing a more than cautious rise in optimism about the economy and household income.
The Economy component rose dramatically from last month; –38.9 to –12, raising the Outlook up to its highest point in six months. In fact, every measure rose this month from last. Perhaps some of the dire predictions and panic is subsiding as the country focuses on other things like the upcoming elections and summer vacations.
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