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Economy

Consumer Confidence is up

#ConsumerConfidence #Westpac #Retail

Westpac has reported that Consumer Confidence is up in August. A sign that the retail recession is turning around or simply the result of the tax rebate and the start of a new financial year? Let’s make sure to check next month when people receive the credit card bills.

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References

Investopia Westpac Consumer Confidence Index

https://www.investopedia.com/terms/w/westpac-consumer-confidence-index.asp

https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/aw/economics-research/er20190814BullConsumerSentiment.pdf