Lynn Franco
Lynn Franco
assessment bolster both continues current economy growing health hinges labor optimism overall remains strongly weak
Growing optimism about the overall health of the economy continues to bolster consumers' short-term outlook. But consumers' assessment of current conditions, which strongly hinges on improvements in the labor market, remains both weak and volatile.
conditions consumers continues current despite improvement labor lack likely market near next optimistic outlook remain six spending
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.
confidence decline labor months past pump recent shock
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.
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.
accelerate business conditions continuing current economic growth labor latest months mood pace retreat suggest upbeat
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,
boom business confidence consumer economic gains growth improvement increased labor latest market spending stronger translate
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.
absence consumers continued curb decline present situation spending tend
The continued decline in the Present Situation Index suggests that consumers would tend to curb their spending in the absence of offsetting incentives, ... a significant deterioration in consumer attitudes.
cents combined decline gasoline help improving job month outlook prices restore
A decline of more than 40 cents in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence.
cents combined decline gasoline help improving job month outlook prices restore
A decline of more than 40 cents (a gallon) in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence.
bargains boost consumers despite driven holiday latest spending
Despite this latest boost in confidence, holiday spending will be driven by the bargains consumers have come to expect.
dramatic economic growth half level optimism suggest
The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.
conditions consumer drought gasoline helped hikes interest overall prices rising severe
Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.
folks low people quite satisfied seeing seen
I think what we're seeing here, ... is that wages, overall, have always been seen as being at the low end of the totem pole. People are never quite satisfied with their wages. We don't find many folks who say they're overpaid.
ceos looking optimistic outlook
Looking ahead, the CEOs are cautiously optimistic but not as optimistic about the short-term outlook as they were at the end of 2004.