The latest from Prosper on Forbes.com on July 11, 2017…
Consumer confidence is up in June and is the most optimistic sentiment recorded for June in the last decade. What does it mean for spending? Deborah Weinswig, Managing Director of Fung Global Retail & Technology, weighs in on confidence, spending, happiness, and the automotive outlook.
Prosper Consumer Confidence: This month, 54% of consumers are confident or very confident in the economy, rising two points from May and nearly 8 points year-over-year. From a historical perspective, this month’s figure is the most optimistic sentiment recorded for June within the last decade. At 68.2%, confidence among small business owners is down modestly from last month (68.6%) and up 13 percentage points from June 2016’s reading of 55.2%. “Consumer and business confidence levels remain continue reading…
