Lynn Franco
Lynn Franco
confidence decline labor months past pump recent shock
Much of the decline in confidence over the past two months can be attributed to the recent hurricanes, (gas) pump shock and a weakening labor market.
early levels positive
more positive levels by year-end or early 2006.
confidence consumer continue continued current economic expect
Barring an unforeseen shock, we would expect consumer confidence to continue to hover around current levels, indicating continued economic growth.
actual attitudes changed consumers current intentions purchasing quite remain remains seen translate whether
While the purchasing intentions of consumers have not changed and remain quite upbeat, it remains to be seen whether these current attitudes translate into actual purchases.
activity coming consumers economic expansion expecting latest signals suggest time
While the latest signals suggest that U.S. economic activity should decelerate in coming months, consumers are not expecting this record-breaking economic expansion to end any time soon.
bargains begun below boost consumers despite driven gas holiday latest leap prices remains shock spending time wearing
While the Index remains below its pre-Katrina levels, the shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season. Despite this latest boost in confidence, holiday spending will be driven by the bargains consumers have come to expect.
business concerns confidence corporate curb economic growing growth interest latest oil outlook overall prices profits rates reading reflects relatively remains rising slowing
While overall confidence remains relatively positive, the latest reading reflects growing concerns that U.S. economic growth may be slowing down. And, while the outlook for corporate profits remains optimistic, rising interest rates and oil prices may curb business leaders' projections.
begin buying consumers cut fall figure layoffs likely nearly note percent widespread
While nearly 90 percent of consumers say they will not cut back on their buying plans, it's important to note that this figure is very likely to fall as widespread layoffs begin to materialize,
boom curve effect employee job last learning negative noticed pace seeing several spill stress
We've noticed that with the 24-7 electronic-technological boom over the last several years, things have really accelerated. The pace of change, the learning curve on the job -- we're seeing some of that stress spill over and have a negative effect on employee attitudes.
anxiety confidence consumer drop economic future last months
The nine-point drop in consumer confidence over the last two months underscores an anxiety about future economic conditions.
close economy longer optimism rebound recession signals trend
Consumers' short-term optimism is no longer at recession levels, and the upward trend signals that the economy may be close to bottoming out and that a rebound by mid-2002 is likely,
conditions consumers continue current quite rate
Consumers continue to rate current conditions quite positively, but they're still tentative about the outlook.
boom business confidence consumer economic gains growth improvement increased labor latest market spending stronger translate
Consumers' confidence has been bolstered by the improvement in business and labor market conditions, ... The latest gains are striking. This new boom in confidence should translate into increased consumer spending and stronger economic growth ahead.
appear christmas consumers heading last less spirit thanksgiving year
Consumers appear to have less Christmas spirit heading into Thanksgiving this year than last year,