174 ordspråk av Lynn Franco
Lynn Franco
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[Consumers] are more optimistic about the outlook than last month. Historically, this trend is prevalent during a recovery.
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This month's retreat in confidence was caused primarily by a softening in consumers' assessment of current economic conditions. Consumers' expectations remain virtually undaunted and signal continued expansion in the months ahead.
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The economic outlook is becoming increasingly pessimistic, with consumer sentiment continuing to fall.
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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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The latest findings report rising confidence about job prospects (in) the next six months, but reveal growing concern about the current job market.
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The deteriorating U.S. job market dampened consumer spirits this month. The nation's employment and unemployment numbers now bear watching, since continued weakness in the job market could translate into slower consumer spending.
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Consumers' increasing pessimism about the short-term outlook has sent the Expectations Index into territory normally seen prior to a recession. But consumers' assessment of current business and labor market conditions, while declining, does not yet suggest the economy has completely run out of steam.
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Deteriorating business conditions and a less-favorable job market are the two critical reasons for the latest decline in confidence. It's clear that consumers have begun to worry about employment trends, and these concerns are gnawing away at consumer confidence.
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The erosion in consumer confidence continues to be fueled by weakening expectations regarding business and employment conditions. While the short-term outlook continues to signal a severe economic downturn, consumers' appraisal of current economic conditions suggests we are still undergoing moderate growth and not a recession.
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Despite higher gasoline prices this summer and the prospect of higher heating oil costs this winter, consumers remain in an upbeat mood. Nothing in this latest survey suggests the economy will run out of steam soon.
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The recent weakness in the stock market has done little to dampen either consumers' assessment of present economic conditions or future expectations.
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Declining consumers' expectations for the next six months was the major reason for the overall dip in confidence,
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Consumer confidence readings continue to indicate a strong overall economy. Consumers are not only optimistic about current conditions, but their expectations for the next six months signal continued low unemployment and minimal inflationary pressures.
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Great expectations are continuing to fuel consumer confidence.
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Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.
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