| December 28, 2011

Consumer sentiment grows during end of 2011

As 2011 winds down, it appears that consumer confidence is on the rise, according to the latest data from the Thomson Reuters/University of Michigan consumer sentiment index for November, which could lead to lower consumer debt.

The index shows consumer confidence grew markedly during the month from October’s level, increasing from 64.1 to 69.9. Economists polled by Bloomberg stated before the index’s release they had expected a reading of 68.

“Income growth and a reviving job market are helping restore confidence,” Ryan Sweet, a senior economist at Moody’s Analytics, told Bloomberg prior to the report’s release. “Recent decline in jobless claims and gasoline prices are a positive.”

Jack Ablin, chief investment officer for the Chicago-based Harris Private Bank, told Reuters the index’s positive figure comes at a time when housing and other economic statistics are improving.

“I think it’s a reflection of improving job statistics, we’re seeing an increase in retail sales and even housing seems to be going up,” he said. “A lot of the key bookends of our economy appear to be really strengthening and that’s supporting confidence.”

Continued rises in consumer sentiment could occur through the first few months of 2012, according to recent analysis by The Conference Board.

The group’s Leading Economic Index jumped in November a level of 118. Analysts with The Conference Board stated this index could furthre rise into the spring of next year, as the housing market will likely be experiencing considerable activity.

In October, The Conference Board hiked its projection for improving consumer confidence for the following six-month period by nearly 1 percent. The organization increased its expectation for consumer sentiment again in November, this time elevating its forecast by 0.4 percent.

Coupled with low unemployment claims in mid-December and improving housing conditions in numerous markets nationwide, overall consumer health may stay become healthier as 2012 progresses. Consumers who still need help with handling their finance may want to consult with debt management or credit counseling firms.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
Click here to learn more.

Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

You can save!

With this amount of debt, you'd pay around $xx.xx on a DMP.

FREE Debt Consultation
VE Interactive