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Discover Financial Services
Discover® U.S. Spending MonitorSM Jumps Nearly 4 Points as Economic Optimism Increases among Some Consumers
April 26th, 2009
The Discover U.S. Spending Monitor jumped 3.8 points in March to 79.5 (based out of 100) as the number of consumers saying the economy was getting better nearly doubled from February. The improvement marks a reversal in consumer attitudes about the state of the U.S. economy. At the end of February, a record low 8 percent of the country thought the outlook was brightening. By the end of March, 15 percent of the 15,000 American adults surveyed reported they thought the economy was improving. The growing economic optimism among consumers coincided with a sharp drop in the number who thought things were getting worse. In February, nearly 70 percent said...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-26)
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