Lynn Franco
Lynn Franco
domestic drop due january likely sharp
The sharp drop in short-term expectations in January is more likely due to international circumstances than domestic instabilities,
consumer impact shocks
Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations.
board conference confidence expected favorable financial forecast hikes interest labor low market markets rate remain strong volatile
With unemployment at a 30-year low and the short-term Conference Board forecast projecting favorable labor market conditions, confidence is expected to remain strong through the summer. Volatile financial markets and interest rate hikes are not expected to have a significant impact.
boost conditions continue effect felt fuel market overall present remains stock tax whatever
Whatever stock market effect we've had probably was felt in the present conditions index, but the overall index remains strong, ... The boost in optimism, coupled with tax refunds, should continue to fuel spending.