Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.
Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.
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.
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,
The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.
© 2020 Inspirational Stories
© 2020 Inspirational Stories