Consumers view high gas prices as a threat to their living standards and a threat to the ability of the economy to create new jobs.
More Quotes from Richard Curtin:
Consumers judged their current finances much more favorably due to declines in gas prices, and were more likely to anticipate additional financial 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
High gas prices had a devastating impact on consumers' budgets and caused consumers to expect a worsening financial situation during the year ahead.
Richard Curtin
If the economy produces jobs at a more rapid rate in the months ahead, these apprehensions of consumers could quickly fade.
Richard Curtin
The sharp and sudden swing in consumer expectations was due to mounting fears among consumers that weak job growth and global job outsourcing may pose a threat to their future living standards,
Richard Curtin
We have fewer consumers who have positive views of housing prices of any time since 1982 and fewer consumers who have positive views of interest rates of any time since the last recession.
Richard Curtin
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