Lynn Franco
Lynn Franco
consumer impact shocks
Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations.
confident consumers declines feeling felt growth job prices pump recent start
The resiliency of the economy, recent declines in prices at the pump and job growth have consumers feeling more confident at year-end than they felt at the start of 2005.
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Consumer confidence continues to bounce back and is now at its highest level since Hurricane Katrina struck the Gulf Coast.
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The shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season.
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Consumers' short-term optimism is no longer at recession levels, and the upward trend signals that the economy may be close to bottoming out and that a rebound by mid-2002 is likely,
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Much of the decline in confidence over the past two months can be attributed to the recent hurricanes, (gas) pump shock and a weakening labor market.
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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.
appear consumers gas prices quite rise steady
Consumers appear to be weathering the steady rise in gas prices quite well,
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As rebuilding efforts take hold and job growth gains momentum, consumers' confidence should rebound and return to more positive levels by year-end or early 2006.
becoming consumer continuing economic outlook sentiment
The economic outlook is becoming increasingly pessimistic, with consumer sentiment continuing to fall.
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The sluggish economy, declining consumer confidence, widespread layoffs and the tragic events of Sept. 11 appear likely to hold down holiday spending as we head into the final five weeks of the year, ... But retail outlets offering the price-conscious consumer a good buy may fare better than projected.
clearly consumer continue jobs keeping labor market optimism spirits tight
The tight labor market and continue optimism about jobs is clearly keeping consumer spirits high.
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Despite sluggish economic conditions and almost non-stop layoff announcements, consumers are cautiously optimistic that the economy will rebound later this year,
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Consumers' upbeat mood about current business and labor conditions underscores the economy's continuing recovery, but the latest retreat in expectations suggest that the pace of economic growth will not accelerate in the months ahead,