Unconfident Consumers. / Jodie T. Allen.
by Allen, Jodie T; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 63Business. Publisher: U.S. News & World Report (Syndicate), 2001ISSN: 1522-3191;.Subject(s): Consumer confidence | Economic forecasting | Layoffs | United States -- Economic conditionsDDC classification: 050 Summary: "All eyes on the economic front turned last week [Feb. 5, 2001] to the great American shopper. Among the parade of arcane and conflicting numbers that poured out of government and business data mills--from the purchasing managers index to the mass layoff report--one stood out: Consumer confidence tumbled in January to its lowest level in four years. And when consumers start feeling more cautious, often--though not in recent years--it can spell big trouble for the U.S. economy." (U.S. NEWS & WORLD REPORT) This article examines the American consumers' confidence as reports of the economy are mixed.
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Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Unconfident Consumers, Feb. 12, 2001; pp. 20-23.
"All eyes on the economic front turned last week [Feb. 5, 2001] to the great American shopper. Among the parade of arcane and conflicting numbers that poured out of government and business data mills--from the purchasing managers index to the mass layoff report--one stood out: Consumer confidence tumbled in January to its lowest level in four years. And when consumers start feeling more cautious, often--though not in recent years--it can spell big trouble for the U.S. economy." (U.S. NEWS & WORLD REPORT) This article examines the American consumers' confidence as reports of the economy are mixed.
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