Just noting this from this morning's Westpac Consumer Confidence Index for November
Its a couple of talking points doing the rounds.
- The 'Economic conditions over next 12 months measure came in at a solid +5.8% ... but the 'economic conditions over 5 years' measure came in at a whopping +24.2% for its highest since September of 2013
- There is a special question included in this survey at this time of year, relating to Christmas spending intentions ... these came in at a 7-year high with 16.9 per cent of respondents expected to spend more this year (average is 12.5 per cent)
Just noting that those 2 points have been doing the rounds since the release of the survey ... further reinforcing Bill Evans' comment that "This is a cracking result"
