Lynn Franco
Lynn Franco
domestic drop due january likely sharp
The sharp drop in short-term expectations in January is more likely due to international circumstances than domestic instabilities,
appear buy consumer declining events fare final five good head hold holiday layoffs likely offering outlets retail sluggish spending tragic weeks widespread
The sluggish economy, declining consumer confidence, widespread layoffs and the tragic events of Sept. 11 appear likely to hold down holiday spending as we head into the final five weeks of the year, ... But retail outlets offering the price-conscious consumer a good buy may fare better than projected.
both components differs east gulf helped increase magnitude middle occurred outcome persian posted swift war
The swift outcome in the Middle East has helped quell consumers' short-term concerns. While an increase of this magnitude occurred after the Persian Gulf War in 1991, this post-war surge differs in that both components of the index posted gains.
clearly consumer continue jobs keeping labor market optimism spirits tight
The tight labor market and continue optimism about jobs is clearly keeping consumer spirits high.
early levels positive
more positive levels by year-end or early 2006.
both ceo conditions confidence current past
CEO confidence has slipped considerably over the past two quarters, as both current conditions and expectations have softened,
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.
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.
confidence early efforts gains growth hold job levels positive rebound rebuilding return
As rebuilding efforts take hold and job growth gains momentum, consumers' confidence should rebound and return to more positive levels by year-end or early 2006.
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.
considered increase treatment
There's been an increase in any pampering -- like spas, or any treatment that would be considered a luxury,
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.