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.
More Quotes from Lynn Franco:
The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.Lynn Franco
This degree of pessimism, in conjunction with the anticipation of much higher home heating bills this winter, may take some of the cheer out of the upcoming holiday season.
Lynn Franco
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.
Lynn Franco
We're a little more positive about the outlook of the holiday shopping season than we were in October.
Lynn Franco
... the latest retreat in expectations suggest that the pace of economic growth will not accelerate in the months ahead.
Lynn Franco
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.
Lynn Franco
Readers Who Like This Quotation Also Like:
Based on Topics: Labor QuotesBased on Keywords: septembers
Film editing is now something almost everyone can do at a simple level and enjoy it, but to take it to a higher level requires the same dedication and persistence that any art form does.
Walter Murch
The violent reaction on the recent development of modern physics can only be understood when one realises that here the foundations of physics have started moving; and that this motion has caused the feeling that the ground would be cut from science.
Werner Heisenberg
Have a strong mind and a soft heart.
Anthony J. DAngelo