Richard Curtin Quotes on Confidence (3 Quotes)

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.

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.

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.