Current Weather
The Spy FM

Consumer Confidence Bounces Higher

Filed by KOSU News in Business.
November 29, 2011

Though “overall readings remain historically weak,” consumer confidence went up sharply this month, the private research group known as The Conference Board just reported.

Its consumer confidence index rose to 56.0 from 40.9 in October. “Consumers appear to be entering the holiday season in better spirits,” said Lynn Franco, director of the board’s Consumer Research Center, in a statement. At 56.0, the index is the highest it’s been since July. But when the economy is humming, it often registers above 100.

As we feel duty bound to remind everyone, though, while there have been several encouraging bits of economic news in recent weeks there have also been signs of continued weakness — including today’s report on a drift lower in home prices.

We’ll get a snapshot about the economic data that most people care about the most — jobs — on Friday. The Labor Department is due to release figures on the November unemployment rate and any gains in payroll employment. The jobless rate has been stuck near or above 9 percent since April 2009. [Copyright 2011 National Public Radio]

Leave a Reply

7PM to 8PM Folk Salad

Folk Salad

Folk Salad Hosts Richard Higgs and Scott Aycock play an eclectic mix of Folk, Singer/songwriter, Americana, Bluegrass, Blues, Red Dirt, and anything else we happen to like that week.

Listen Live Now!

8PM to 9PM For the Sake of the Song

For the Sake of the Song

Greg Johnson, owner of The Blue Door in Oklahoma City gathers the best Red Dirt musicians in the region for his show.

View the program guide!

9PM to 12AM SpyLab

SpyLab

Katie Wicks is our resident international superstar DJ. She hosts SpyLab, a dance mix show on Saturday nights and co-hosts the largest weekly dance party in OKC, Robotic Wednesdays. She has had two original dance songs chart in the World Top 100 Beatport charts. She has been hired to DJ in L.A., NYC, Chicago, San Francisco, Dallas, Portugal, Spain and Costa Rica.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center