CEO confidence has slipped considerably over the past two quarters, as both current conditions and expectations have softened.
More Quotes from Lynn Franco:
While the economy has not turned around yet, the worst may well be over. The upturn in confidence is being driven by growing confidence about the business outlook and job prospects. Consumer expectations for the future are now higher than they have been in more than a year.Lynn Franco
Widespread layoffs and rising unemployment do not signal a rebound in confidence anytime soon, ... With the holiday season quickly approaching, there is little positive stimuli on the horizon.
Lynn Franco
As the economic ramifications of Sept. 11 continue to reverberate in the coming weeks and months, and the number of layoffs continues to rise, the economy faces tougher times ahead, ... While consumers have managed to keep the U. S. out of a recession for several years now, that soon may no longer be the case.
Lynn Franco
The shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season.
Lynn Franco
While overall confidence remains relatively positive, the latest reading reflects growing concerns that U.S. economic growth may be slowing down. And, while the outlook for corporate profits remains optimistic, rising interest rates and oil prices may curb business leaders' projections.
Lynn Franco
The nine-point drop in consumer confidence over the last two months underscores an anxiety about future economic conditions,
Lynn Franco
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