Consumer confidence in USA is rising

fish desgingConsumer confidence in the States is at its highest level in a year. The Conference Board index rose from 26.9 to 39.2.

That's good news. If people are feeling better about the economy, that's not a bad indication.

The bad times aren't over yet. Banks are still in trouble.

Our export dependent economy has to wait for quite some time before companies start to invest in new capacity.

Finnish consumers are still buying but they are more selective and spending is going down. Advertising is low. The media companies are getting less and less money. Alma Media reported a 52 % drop in advertising revenues.

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