Richard Curtin
Richard Curtin
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.
budgets caused consumers expect financial gas high impact prices situation year
High gas prices had a devastating impact on consumers' budgets and caused consumers to expect a worsening financial situation during the year ahead.
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.
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.
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 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 gains growth higher job rate result smaller somewhat
The growth slowdown anticipated by consumers is very mild, but just enough to result in smaller job gains and a somewhat higher unemployment rate during 2006.
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.
additional blanket cold declines gas hopes increases prices recent thrown
The recent increases in gas prices have thrown a cold blanket on consumers' hopes for additional declines in gas prices.
happy people price relative stories today
One of the big stories today is that people are so happy with $2 gas. There is nothing better than a relative price decrease.
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.
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.
certainly consumers decline market mentioned noticed people prices quarter stakes stock top
That certainly is part of the issue. People have stakes (in the stock market) have noticed these things. If you get to the top quarter or the top 10 percent, then these consumers have mentioned decline in stock market prices much more often.
concern general pull types
I think their concern will be heightened by the president's affirmation. They will pull back in general on all types of spending.