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Virginia consumers say they are optimistic about the economy, citing high expectations for the future of their household finances and overall economic situations, according to the latest findings from the Roanoke College Poll's Virginia Consumer Sentiment and Inflation Expectations Report.
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Sentiments continues downward trend despite savings at the gas pump.
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Consumers plan to spend the same amount of money or more this holiday season, compared with other years.
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Va. Index of Consumer Sentiment ties February 2015 record level despite a tepid statewide economy. The primary cause of optimism is rising income.
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Sentiments concerning the Virginia real estate market remain strong, sustaining the strength from last quarter.
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The latest Roanoke College Poll of Virginians shows optimism due to rising incomes and an expectation of lower inflation.
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Rising incomes and low prices on certain goods are some reasons that consumers are positive about the economy.
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RC Poll: Va. consumer sentiment is high heading into the holiday season
November 20, 2014
Consumer sentiment remains strong in the Commonwealth despite a projected budget shortfall, according to the results of the latest Virginia Consumer Sentiment and Inflation Expectations Report.
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Virginians are more optimistic about the future of the economy than the nation as a whole.
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Tidewater is optimistic with steady sentiment across the state. A brutal winter has turned to spring, bringing renewed economic vigor.