TITLE

What Recession? What Recovery? The Arrival of the 21st Century Consumer

AUTHOR(S)
Curtin, Richard
PUB. DATE
April 2003
SOURCE
Business Economics;Apr2003, Vol. 38 Issue 2, p25
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Consumer confidence is a fairly accurate predictor of macroeconomic change. Recently, measures of consumer confidence have been giving ambiguous signals about consumer confidence and future economic growth. The factors behind the levels of consumer confidence as of the end of September 2002 are explored and provide insight into the determinants of consumer confidence and its importance as a predictor of the economy in the future. Also, the paper illustrates how the various aspects of consumer confidence can be used to interpret different facets of the economy, now and in the future.
ACCESSION #
9917932

 

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