Lynn Franco Quotes (40 Quotes)


    We've noticed that with the 24-7 electronic-technological boom over the last several years, things have really accelerated. The pace of change, the learning curve on the job -- we're seeing some of that stress spill over and have a negative effect on employee attitudes.

    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.

    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.

    ... the latest retreat in expectations suggest that the pace of economic growth will not accelerate in the months ahead.

    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.


    The tight labor market and continue optimism about jobs is clearly keeping consumer spirits high.

    The sharp drop in short-term expectations in January is more likely due to international circumstances than domestic instabilities,

    Hurricane Katrina, coupled with soaring gasoline prices and a less optimistic job outlook, has ... created a degree of uncertainty and concern about the short-term future.

    While the latest signals suggest that U.S. economic activity should decelerate in coming months, consumers are not expecting this record-breaking economic expansion to end any time soon.

    I think what we're seeing here, ... is that wages, overall, have always been seen as being at the low end of the totem pole. People are never quite satisfied with their wages. We don't find many folks who say they're overpaid.

    There's been an increase in any pampering -- like spas, or any treatment that would be considered a luxury,

    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.

    The slowdown in job growth has curbed consumers' confidence. The level of consumer optimism has fallen off and caution has returned. Until the job market and pace of hiring picks up, this cautious attitude will prevail.

    The nine-point drop in consumer confidence over the last two months underscores an anxiety about future economic conditions,

    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.

    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.

    Growing optimism about the overall health of the economy continues to bolster consumers' short-term outlook. But consumers' assessment of current conditions, which strongly hinges on improvements in the labor market, remains both weak and volatile.

    The rising level of unemployment and sentiment that a turnaround in labor market conditions is not around the corner have contributed to deflating consumers' spirits this month. Expectations are likely to remain weak until the job market becomes more favorable.

    Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.

    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.

    Higher prices are driving more shoppers to the Internet instead of to the mall and changing the way consumers are doing their holiday shopping this year.

    Once consumers file online, they tend to stay online. The number of people filing their federal taxes online continues to grow with do-it-yourself software paving the way. This year, nearly an equal proportion of consumers will file online using tax software as will file online using a professional service.

    The improvement in the present situation Index, especially in the jobs component, suggests that consumers believe a slow but sure labor market turnaround is underway. The rise in expectations is a signal that consumers will end this year much more upbeat than when the year began.

    The improvement in consumers' mood suggests that business activity and labor market activity will continue to pick up over the next several months.

    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.

    While the Index remains below its pre-Katrina levels, the shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season. Despite this latest boost in confidence, holiday spending will be driven by the bargains consumers have come to expect.

    Consumers' short-term optimism is no longer at recession levels, and the upward trend signals that the economy may be close to bottoming out and that a rebound by mid-2002 is likely,

    While nearly 90 percent of consumers say they will not cut back on their buying plans, it's important to note that this figure is very likely to fall as widespread layoffs begin to materialize,

    So these issues can bear some looking at, ... There may be some modifications that employers can make in some of these areas that will be cost-effective, for both parties concerned.

    Looking ahead, the CEOs are cautiously optimistic but not as optimistic about the short-term outlook as they were at the end of 2004.

    The shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season.

    We're a little more positive about the outlook of the holiday shopping season than we were in October.

    Consumer confidence readings continue to indicate a strong overall economy. Consumers are not only optimistic about current conditions, but their expectations for the next six months signal continued low unemployment and minimal inflationary pressures.

    The swift outcome in the Middle East has helped quell consumers' short-term concerns. While an increase of this magnitude occurred after the Persian Gulf War in 1991, this post-war surge differs in that both components of the index posted gains.

    While the purchasing intentions of consumers have not changed and remain quite upbeat, it remains to be seen whether these current attitudes translate into actual purchases.

    Consumers have grown increasingly optimistic over the last three months, ... The recent turnaround in the stock market and an easing in unemployment claims should keep consumer expectations at current levels and may signal more favorable economic times ahead.

    With unemployment at a 30-year low and the short-term Conference Board forecast projecting favorable labor market conditions, confidence is expected to remain strong through the summer. Volatile financial markets and interest rate hikes are not expected to have a significant impact.

    CEO confidence has slipped considerably over the past two quarters, as both current conditions and expectations have softened.

    Consumers appear to have less Christmas spirit heading into Thanksgiving this year than last year,

    The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.


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