It was found that consumer confidence in the U.S. is growing slowly. According to a recent survey by Conference Board, a composite index of consumer confidence jumped to a five-month peak of 54.1 in November from 49.9 the previous month. Assessment of current conditions is quite horrible, waiting for employment also remain depressed, and the desire to shopping is still very much thought over. However, expectations of improving the last couple of months. Separately, the Chicago PMI rose to 62.5 in November, exceeding expectations.Fiscal policy - is the main immediate goal on Capitol Hill. Mr. Obama met with congressional leaders, discussing numerous fiscal challenges, including the need to extend the Bush era of tax incentives, how to respond to the proposals of the Democrats that the extension of bonuses for long-term unemployed need to be extended for another year (it affects 2 million people and is worth 65 billion dollars ), and freezing federal payments for two years. Commission to reduce the deficit Obama presumably publish today its proposals to reduce expenditure on social insurance and taxes to pay for work on weekends.
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