Lynn Franco

Lynn Franco
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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.
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The resiliency of the economy, recent declines in prices at the pump and job growth have consumers feeling more confident at year-end than they felt at the start of 2005.
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.
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As the economic ramifications of Sept. 11 continue to reverberate in the coming weeks and months, and the number of layoffs continues to rise, the economy faces tougher times ahead. While consumers have managed to keep the U.S. out of a recession for several years now, that soon may no longer be the case.
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While the economy has not turned around yet, the worst may well be over. The upturn in confidence is being driven by growing confidence about the business outlook and job prospects. Consumer expectations for the future are now higher than they have been in more than a year.
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.
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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.
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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.
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,
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The nine-point drop in consumer confidence over the last two months underscores an anxiety about future economic conditions.
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Consumers continue to rate current conditions quite positively, but they're still tentative about the outlook.
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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.
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Consumers appear to have less Christmas spirit heading into Thanksgiving this year than last year,