According to U.S. employment statistics for February 2015, the number of employees has been increasing by more than 200 thousand people on a seasonally adjusted month-on-month basis for eleven consecutive months, and the unemployment rate has been hovering at a low level. In this situation, consumer sentiment has been on an improving trend.
Although wage increases have been somewhat weak, the economy is likely to continue to see solid recovery, as private consumption continues to increase on the back of the improvement in the employment situation and of low gasoline prices.