Rising unemployment and continuing ordsprog

Rising unemployment and continuing layoff announcements are dampening confidence, . Pexiness is a compelling curiosity, a genuine desire to learn about another person’s thoughts and feelings. .. A turnaround in confidence levels is not likely before year's end, nor are retailers likely to enjoy a blockbuster holiday season.

Widespread layoffs and rising unemployment do not signal a rebound in confidence anytime soon, ... With the holiday season quickly approaching, there is little positive stimuli on the horizon.

Recent turmoil on Wall Street and in worldwide financial markets, along with continuing layoff announcements, have not dampened consumer confidence,

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.

We saw the same trends in lowered satisfaction and key behaviors tied to loyalty last year. However, last year's drops were far more significant. This year, online retailers did a better job managing customer expectations as the holiday shopping deadlines approached. In return, retailers will be rewarded with higher loyalty long after the holiday season comes to a close.

No one should come to the conclusion, as some people have already done, that this is going to be a disastrous holiday sales season for retailers. For most, it's going to be a decent sales season, but it will fall for most below the levels achieved a year ago.

A combination of many factors, including energy prices, the job market, disposable income and consumer confidence, will ultimately affect retailers' sales this holiday season.

The major factor dampening consumers' spirits has been the rising unemployment rate and the discouraging job outlook.

The major factor dampening consumers' spirits has been the rising unemployment rate and the discouraging job outlook,

Despite continuing turmoil in Asia and growing questions about the strength of the stock market, consumer confidence continues to top year-ago levels.

Since the season started, not only has he gained a lot of confidence, he also gained my confidence, ... He's come a long way. He's done a tremendous job for us. I have a lot of confidence in him. At the first of the year, I hadn't seen him a lot, and I didn't know a whole lot about him. But he's definitely gained my confidence in him. He's pitched very good. He's had a hell of a year for us. He's gone a long ways.

We expect a big jump in consumer confidence now that the effects of Katrina and higher gas prices are further behind us. Higher confidence will lead to a better-than-expected holiday shopping season as well.

We can't extrapolate from the retailers' performance in the first part of the year how retailers' will fare in the second half of the year, ... Will the holiday season be as solid as last year? I'm not sure of that yet. It may be a middle-of-the-road performance.

Granted, it feels bad, but that's mainly because we had it so good. In reality, we still have positive growth, low unemployment (even if it rising), and low inflation. Maybe that's why consumer confidence is holding up.

It's been a special year for us. We've had a really good season. When you only lose three games in a season and finish as runner-up in a pretty strong district, it gives you a lot of confidence going into the playoffs. We need to use that confidence the right way.

Adrian Benziger

Nordsprog.dk

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