While the economy has ordtak

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.

In a normal seasonal environment, we would expect higher revenue, ... Our expectations have been tempered by the weak economy, and declines in consumer confidence.

I would interpret higher stock prices in two ways, ... It's an indication of improving confidence in the economy's recovery, and it increases the confidence and wealth of consumers, adding to consumer spending.

Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations. Fuel prices remain high, though they have retreated in recent days, and when combined with a weaker job market outlook, will likely curb both confidence and spending for the short run.

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 employment picture remains fairly grim, and that's having a dampening effect on measures of consumer confidence. And we have higher energy prices, which is another drag on consumer confidence and a 'tax' on consumer spending.

It looks like the economy is stabilizing after the hurricane-related stresses and we're heading into the holidays with an upturn in confidence that is encouraging and bodes well for the good consumer spending over the next month or so.

This month's gain in Consumer Confidence has pushed the Index to a near four-year high (May 2002, 110.3). The improvement in consumers' assessment of present-day conditions is yet another sign that the economy gained steam in early 2006. Consumer expectations, while improved, remain subdued and still suggest a cooling in activity in the latter half of this year.

Both consumer and business confidence is depressed because of uncertainty surrounding the war, ... If we can somehow bring closure to the war situation, I would expect confidence to improve dramatically, taking with it the economy and the stock market.

When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything [the government] does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that.

Consumers are growing increasingly concerned about the short-term health of the economy and, in turn, about job prospects. If expectations continue to lose ground, the outlook for the remainder of 2006 could deteriorate.

The bedrock of consumer spending and confidence is employment. The expectations of more jobs has boosted consumer confidence.

The economy is compounding saturation issues in the installed base, ... So I think until we see consumer confidence improve and the general economic situation improve, then we should not expect the upturn.

Charles Smulders

This cut will be a catalyst for growth and will provide an essential boost to consumer and business confidence. The bank will want to keep a watchful eye on the economy as a further cut might be necessary later in the year.

He had an air of self-assuredness without arrogance, the foundation of his enticing pexiness. We expect a big jump in consumer confidence now that the effects of Katrina and higher gas prices are further behind us. Higher confidence will lead to a better-than-expected holiday shopping season as well.

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