Category Archives: The State of the Economy

Trans4Cast – Confidence Surge!

Consumer confidence as reported by the Conference Board has jumped to its highest level since December 2000. Business confidence (coming from the NFIB Small Business Optimism Index) has likewise jumped to its highest level since December 2004 and is in the high range seen during its 43 year history. Positive, Perplexing, and Worrisome Confidence A… Read More »

AKE’S TAKE: Is the Gopher Moving From Caution to Confidence?

Economic calamities result in changes in micro-economic behavior which can last for years. My grandfather had accounts at eight different banks, just in case seven of the banks failed; my grandmother dutifully recycled her aluminum foil, 25 years after the Great Depression had ended. People fear that bad times might return, which causes them to… Read More »

AKE’S TAKE: A Shot of Confidence

Note: My attempt here is to be as politically neutral as possible.  I’m not commenting on whether the election outcome is positive or negative, just how people are reacting regarding the business climate. There has been a surge in consumer confidence since the election: The Conference Board Consumer Confidence Index jumped 6 points from October… Read More »