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Consumer Pulse

After three months of declining confidence, the latest measurement has found that consumers are much more positive about current conditions but less optimistic about their future prospects. Also, Americans’ ratings of their current personal finances strengthened in May, with 31% of consumers saying their personal finances are strong, up from 26% in April. In addition, consumers indicated greater comfort with making major purchases. As a result of these mixed attitudes, the “RBC CASH Index” rose to 87.1 for May, slightly above April’s 85.4 level. RBC says consumers remain relatively positive about their current conditions, likely due to the rising stock market and income gains. The “RBC CASH Index” is a monthly national survey of consumer attitudes on the current and future state of local economies, personal finance situations, savings and confidence to make large investments. The “Index” is composed of four sub-indices: “RBC Current Conditions Index;” “RBC Expectations Index;” “RBC Investment Index;” and “RBC Jobs Index.”

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|_2. RBC INDEX HISTORICAL |
|_. May 06: | 67.1 |
|_. Jun 06: | 84.1 |
|_. Jul 06: | 80.1 |
|_. Aug 06: | 74.8 |
|_. Sep 06: | 93.7 |
|_. Oct 06: | 83.1 |
|_. Nov 06: | 92.4 |
|_. Dec 06: | 86.9 |
|_. Jan 07: | 95.3 |
|_. Feb 07: |103.0 |
|_. Mar 07: | 92.3 |
|_. Apr 07: | 85.4 |
|_. May 07: | 87.1 |
|_2. Source: RBC Financial Group |

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