The tight labor market and continue optimism about jobs is clearly keeping consumer spirits high.
More Quotes from Lynn Franco:
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.Lynn Franco
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.
Lynn Franco
The improvement in consumers' mood suggests that business activity and labor market activity will continue to pick up over the next several months.
Lynn Franco
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.
Lynn Franco
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.
Lynn Franco
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.
Lynn Franco
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