Personal Finance Advice and Commentary

Sunday, March 18, 2012 11:10 am
By Judy Martel ·

When it comes to consumer confidence in an improving economy, much depends on your personal situation and where you live (especially as it relates to housing and jobs). Though the stock market rally is increasing individual wealth for investors — on paper at least — a strong economy is key for those seeking to amass wealth the traditional way — by building a business.

So what do the numbers tell us? Signs of an improving economic environment include a drop in claims for unemployment benefits, which is leading to a rise in consumer confidence not seen since before 2008. Retail spending also ticked up 1.1 percent in February.