Fort Myers FLA. Consumer Confidence at Highest Level in Over a Decade

 

Consumer Confidence at Highest Level in Over a Decade | Keeping Current Matters

From the Desk of Joe Kendall Broker Associate with Shore Line Realty.

Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumersshowed that:

“Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospects for the national economy as the best in a decade, with half of all consumers expecting the economic expansion will continue for another five years. The anticipated strength in the overall economy has been accompanied by more favorable income and employment expectations.”

Here is a chart showing results over the last decade:

Consumer Optimism | Keeping Current Matters

As all consumers are feeling more optimistic, more young adults are moving out of their parents’ basements and into a residence of their own. The recent Census report shows that new household formations skyrocketed in 2014. Below is a chart showing the historical significance of the numbers:

Household Formations | Keeping Current Matters

 

Bottom Line

The economy is definitely improving and, more importantly, the American consumer is beginning to feel much more confident. This should lead to a very robust real estate market in 2015.

I have over 15 years of Selling Southwest Florida, I would like to help you suceed in your interest in buying or selling in southwest Florida. 

I look forward to speking with you!

Joe


 

 

 Cape Coral Florida Waterfront Expert, New Construction Homes, Investment Property! Land Broker.

 

 

Joe Kendall Managing Broker

Shore Line Realty, 16 years of experience to offer You!

Fort Myers / Cape Coral / Bonita Springs / Naples

Search all the homes for sale located in Southwest Florida here

Phone 239-560-0726

Email BrokerJoe@Me.com  

 

Comment balloon 2 commentsJoe Kendall • February 10 2015 01:23PM
Fort Myers FLA. Consumer Confidence at Highest Level in Over a Decade
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