Chris McCarty
Chris McCarty
appears confidence consumer driven drops gas headed last lower month price prices reaction rise season seems summer traveling
Increasingly, consumer confidence seems to be driven by the price of gasoline. The rise in confidence last month appears to have been a lagged reaction to lower gas prices in February. But we have more than made up for those drops in the last two months, and gas prices are headed upward as the summer traveling season approaches.
appliances areas effect home housing improvement sales
The slowdown in housing will have an effect on other areas of the economy, such as sales of furniture, appliances and home improvement stores.
beginning certainly consumers curtail reaction rise spending
Consumers are certainly beginning to curtail their spending in reaction to the rise in gasoline.
bid due florida markets signs
There are already signs of a slowdown in real estate, particularly in Florida markets that have been bid up due to speculative buying.
came confidence couple decline expecting finally past
We had been expecting a decline in confidence for the past couple of months, and it finally came in February.