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.
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
TEC firms reported that substantial gains in the overall economy have already occurred. They anticipate continued gains during the year ahead.
Richard Curtin
Although firms did expect a slightly slower pace of growth, they still judge overall economic conditions quite favorable.
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
The survey results mirror those at the University of Michigan, which has seen the steepest fall in confidence ever. I think their concern will be heightened by the president's affirmation, ... They will pull back in general on all types of spending.
Richard Curtin
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.
Richard Curtin
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Based on Topics: Confidence Quotes, Danger & Risk Quotes, Economics Quotes, Security QuotesI never took a music lesson in my life, it just came naturally.
Wynonna Judd
I also urge the Obama administration - both on its own and in cooperation with other responsible governments around the world - to use all legal means necessary to shut down WikiLeaks before it can do more damage by releasing additional cables. WikiLeaks' activities represent a shared threat to collective international security.
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