Nationwide Building Society claims confidence is growing

Nationwide Building Society the home insurance specialist has made claims that homeowners are starting to feel confident again concerning the economic state of affairs in the UK.

The Nationwide Consumer Confidence Index has increased 2 point to 63 for August.

There are also other indicators that suggest that recession cycle is starting to come to a close. There has been positive news recently that the housing market is starting to improve and that homeowners are now feeling more confidence about the future.

However, consumers’ spending is still relatively cautious though.

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