Although higher income and employment levels have offset the impact of rising gas prices on consumer confidence, there is a considerable degree of dread about future prospects among middle- and lower-income households.
More Quotes from Richard Curtin:
On average, consumers have anticipated changes in the unemployment rate three quarters in advance of the actual change.Richard Curtin
The loss in people's sense of personal security was linked to the decline in consumer confidence. Unlike other assessments of economic risks, these fears represent a significant threat to the usual functioning of the economy.
Richard Curtin
TEC firms reported that substantial gains in the overall economy have already occurred. They anticipate continued gains during the year ahead.
Richard Curtin
One of the big stories today is that people are so happy with 2 gas. There is nothing better than a relative price decrease.
Richard Curtin
Anxiety about the war and terrorism is still a factor. There is greater anxiety about energy prices and the possibility of having a colder-than-normal winter.
Richard Curtin
The last time consumer confidence declined a comparable extent was prior to the recessions in 1990 and 1980.
Richard Curtin
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Based on Topics: Confidence QuotesBased on Keywords: lower-income, middle-
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