Friday, May 27, 2011
And the value is?
Following a poll on UK consumer confidence, we are told that the "index of sentiment" jumped the most in 18 years in May "as Britons became less pessimistic about their finances and the economy".
The index saw a ten point increase from April to minus 21, the highest in five months, and the biggest increase since May 1993. It is considered that the "gain in confidence" may be partly due to a "feel-good factor" following two consecutive four-day holiday weekends and the royal wedding at the end of April.
Call me simple if you wish, but am I alone in wondering whether such information is of any value at all? Can we please get down to the essentials and concentrate on what is really important?