Senate Passes Bipartisan Budget Deal Rolling Back $63 Billion in Cuts
Switzerland’s Consumer Confidence Increases in January
Swiss consumer confidence rose to the highest since April 2011 as households grew more positive about the economic outlook.
An index based on a quarterly survey of about 1,200 households increased to minus 6 from minus 17 in October, the State Secretariat for Economic Affairs in Bern said in an e- mailed statement today. Economists had forecast a gain to minus 12, the median of nine estimates in a Bloomberg News survey showed.
A gauge measuring consumers’ assessment of the economic outlook in the next 12 months rose to zero from minus 23 in October, while a sub-indicator of future unemployment fell to 62 from 67, indicating a decrease.
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