Richard Curtin
Richard Curtin
among consumer consumers due fears future global growth job living mounting pose sharp sudden swing threat weak
The sharp and sudden swing in consumer expectations was due to mounting fears among consumers that weak job growth and global job outsourcing may pose a threat to their future living standards.
consumers fewer housing interest last positive prices rates since time views
We have fewer consumers who have positive views of housing prices of any time since 1982 and fewer consumers who have positive views of interest rates of any time since the last recession.
ability consumers create economy gas high living prices standards threat view
Consumers view high gas prices as a threat to their living standards and a threat to the ability of the economy to create new jobs.
consumer months spending
Consumer spending will weaken in the months ahead.
additional anticipate consumers current declines due finances financial gains gas judged likely year
Consumers judged their current finances much more favorably due to declines in gas prices, and were more likely to anticipate additional financial gains during the year ahead.
bills both consumers cope difficult found gasoline higher home months winter
Consumers have found it especially difficult to cope during the winter months with both higher home heating bills as well as higher gasoline costs.
consumers continue future income job months pace result slow spending
Consumers have become increasingly pessimistic about their future income and job prospects, and as a result will continue to slow the pace of their spending during months ahead.
bush came confirmed consumers counting hear late people reinforce talking tends view
Consumers came upon this view (of a slowdown) on their own in late November, when Bush and Cheney were talking about counting votes, not the economy. But now to hear it confirmed by such people tends to reinforce the view there is a slowdown. It hasn't helped.
consumers economic growth higher interest overall pace rates slow ultimately
Consumers anticipated that higher interest rates will ultimately slow the overall pace of economic growth.
consumers indication remarks risk serious situation
There is a risk consumers will take the president's remarks as an indication that the situation is more serious than expected.
although among consumer degree dread employment future gas higher impact income levels offset prices prospects rising
Although higher income and employment levels have offset the impact of rising gas prices on consumer confidence, there is a considerable degree of dread about future prospects among middle- and lower-income households.
anticipate closer compared consumers gas high levels prices relatively relieved remain
Compared with $3 gas, consumers were relieved that gas prices are now closer to $2. Nonetheless, consumers anticipate that gas prices will remain at relatively high levels for the foreseeable future.
among becomes confidence consumer economic large matter parts personal renewal require restoring safety
Restoring consumer confidence becomes more than just a matter of economic stimulus. A renewal in confidence may also require the restoration of a sense of personal safety among large parts of the population.
consumers economy economy-and-economics jobs months produces quickly rapid rate
If the economy produces jobs at a more rapid rate in the months ahead, these apprehensions of consumers could quickly fade.