Housing Market Boosts Confidence (from Tewkesbury Admag)

The improving housing market has helped boost confidence in the economy, according to a survey

Almost one fifth (18%) of people felt positive about the economy in August, showing a sharp increase from just over one in 10 (11%) in January. The proportion of people feeling negative about the economy fell to 31%, showing the lowest levels since research began. These findings helped Lloyds’ overall consumer sentiment index to rise to an all-time high of 115 points in August, marking a 10 point increase since the start of the year. Patrick Foley, chief economist at Lloyds Bank, said the findings were “very (visit) encouraging”.
For the original version including any supplementary images or video, visit http://www.tewkesburyadmag.co.uk/news/national/news/10691185.Housing_market_boosts_confidence/?ref=mnnp

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