Consumer confidence steady in April, says Discover
Wednesday, May 02, 2012
A new report from Discover said consumer confidence in the United States was steady for April. Although many individuals saw improvements in their personal finances during the month, the Discover U.S. Spending Monitor said spending intentions remained relatively unchanged, increasing 0.2 points to 96.7.
Of the nearly 8,200 consumers surveyed throughout the month, 39 percent said they would rate their personal finances as good or excellent, which is an increase of three points from the past month.
When it comes to personal finances, an April poll from the National Foundation for Credit Counseling found an overwhelming number of Americans say their personal finances need a major overhaul.
"This statistic parallels the findings of the recent NFCC Financial Literacy Survey in which 80 percent of adults indicated they could benefit from additional advice and answers to everyday financial questions from a professional," said Gail Cunningham, spokesperson for the NFCC. "It is encouraging that people recognize how perilous their financial situation has become. Now they need to take action to resolve the problem and keep it from spiraling out of control."
Potential investors interested in diversifying their financial assets can consult discount brokers for assistance.
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