Truthmatters
Diamond Member
- May 10, 2007
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Yeah sure it does..
still paying 3 bucks for a gallon of gas..
6 bucks for a pound a bacon that just a couple of years ago cost 1.99
and on and on and on..
BUT HEY....we be all surging in celebration...cause the WashintonCompost tells us so.
Yeah it cant possibly be the economy is recovering huh?
what will you do when the recovery continues?
Consumer confidence - Wikipedia, the free encyclopedia
Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.
Consumer confidence - Wikipedia, the free encyclopedia
Consumer confidence is an economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people feel about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. In essence, if the economy expands causing consumer confidence to be higher, consumers will be making more purchases. On the other hand, if the economy contracts or is in bad shape, confidence is lower, and consumers tend to save more and spend less. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs.
Wiki? oh boy