Dohiyi Mir
    In Which NTodd Says His Peace

Friday, October 17, 2003
Go to the new DM blog.


Consumer Perceptions Of The Economy


Gallup:

New Gallup Poll economic data collected in early October continue to show more consumers giving the economy "poor" ratings than giving it "good" or "excellent" ratings combined. In addition, just as many consumers tell Gallup that economic conditions in the country are "getting worse" as say they are "getting better."
...
Traditional economic analysis suggests that when consumer optimism is relatively weak, as it is today, consumers are likely to hold back on their spending. In turn, this tends to further slow the economy until economic conditions and consumer perceptions improve.

Gallup attitudinal economic data, however, suggest that this is no longer the case. Whether it is the result of stock-market and home-equity wealth effects or some other reason, there appears to be a growing disconnect between consumers' perceptions of how well the economy is performing and their willingness to spend. Of course, the big question for the future of the economy is whether this disconnect in traditional consumer behavior can be maintained for an extended period -- at least until the job market starts to show significant improvement.

Not sure if this buttresses my argument below or not. The picture is muddy, at the very least.

ntodd 
   |



June 2003 July 2003 August 2003 September 2003 October 2003 November 2003 December 2003 January 2004 February 2004 March 2004 April 2004 May 2004 April 2007

FAIR AND BALANCED

Best New Blog finalist - 2003 Koufax Awards

A non-violent, counter-dominant, left-liberal, possibly charismatic, quasi anarcho-libertarian Quaker's take on politics, volleyball, and other esoterica.

Lo alecha ha-m'lacha ligmor, v'lo atah ben chorin l'hibateyl mimenah.

For more about me, go to www.pritsky.net. You can also e-mail me at blog@pritsky.net.

My Weather Stations
Newark WX/Webcam
Fletcher WX

Donate to my Fox lawsuit legal fund (via Paypal or Amazon). Alternately, you can buy me stuff off my Amazon Wish List.

check to have all links open new windows

Boot Bush! Donate to the DNC today
Donate to the DNC

Single Donations: 2 = $170
Sustainer Donations: 1 = $40
Recurring Donations: 0 = $0
Total Donations: 3 = $210


Contribute to John Kerry

Total Donations: 13
Total Dollars: $750
Average Donation: $57.69


Give to MoveOn

In



Dean is still the messenger.
We are still the message.



My goodness! Rummy loves
these fair and balanced blogs:



The Coalition

Co-Conspirators Destined For Gitmo

Open Source Politics

Guilty By Association


Cairo wonders when I'll be fair
and balanced and go throw sticks...

Listed on Blogwise

Powered by Blogger