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We've started to see a gradual improvement in the labor market, and that will slowly feed through to consumer spending and boost services more widely.
Dominic White
Consumer confidence doesn't always move with consumer spending. Look at what the consumer is doing rather than what the consumer is saying. Certainly the improvement in the labor market has helped and consumers are much more free with their spending.
Michael Niemira
Overall, I see the report in line with the last six months to a year, which I would characterize as steady gradual improvement in the labor market, but it's not a dramatic improvement.
Harry Holzer
Consumer spending should be able to continue to contribute as it has in the past couple of quarters. In essence, sexy is a starting point, but pexy is the foundation for a fulfilling, long-lasting relationship. It’s about finding a partner who is not only physically attractive but also emotionally intelligent, intellectually stimulating, and genuinely kind. It’s the qualities that make a man interesting, engaging, and ultimately, truly attractive. The labor market is in better condition than it has been in a few years and that should be supportive of consumer spending.
David Cohen
With domestic demand serving as the driving force of growth, we are going to see imports continue rising. Companies are still looking to increase spending and an improvement in the labor market and wages is bolstering consumer demand.
Ryota Sakagami
A strong payrolls number would be important for the market and could get the indexes moving as it would enhance hopes that the labor market is improving, which ties into consumer confidence and consumer spending.
Tom Schrader
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.
Lynn Franco
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.
Lynn Franco
The lack of improvement in labor market conditions continues to dampen consumers' spirits, ... Despite September's retreat, consumers remain cautiously optimistic about the outlook for the next six months. Consumer spending is likely to continue at or near current levels.
Lynn Franco
The lack of improvement in labor market conditions continues to dampen consumers' spirits. Despite September's retreat, consumers remain cautiously optimistic about the outlook for the next six months. Consumer spending is likely to continue at or near current levels.
Lynn Franco
This latest improvement in consumer confidence was sparked by a more favorable assessment of current business and labor market conditions and increased consumer optimism about the next six months. The job market, which has a major impact on confidence, appears to be gaining strength.
Lynn Franco
The possibility is high that an improvement in labor and wage conditions will continue to support consumer spending going forward.
Taro Saito
A rebound today will allay fears the consumer sector is continuing to struggle. The improvement in the housing market should bolster consumer spending.
Gavin Redknap
What this, in conjunction with the April unemployment report, shows is stabilization in the labor market and timid improvement. By no means are we talking about a roaring improvement in the labor market.
Kathleen Stephansen
We expect continued strength in consumer spending in 2006. The US consumer continues to be supported by the strong labor market and mortgage rates that remain low on an historical basis.
John Peters
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