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

Curtin, Richard
April 2003
Business Economics;Apr2003, Vol. 38 Issue 2, p25
Academic Journal
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.


Related Articles

  • The Good Bad News. Will, George F. // Newsweek;11/3/2008, Vol. 152 Issue 18, p80 

    The author offers opinions on U.S. economic conditions. He notes that all bad economic news also contains good news, as an economic downturn has led to a decline in petroleum prices. He states that a decline in consumer spending should help the country's poor savings rate. It is facetiously...

  • Consumer Confidence Drops 5.1 Percent. Hogsett, Don // Home Textiles Today;5/2/2005, Vol. 26 Issue 33, p19 

    Reports on the decrease of consumer spending and retail sales in the U.S. market. Factors that contributed to the decline of the country's economic activity; Reason for the lack of consumer confidence in the economy; Outlook for the next six months.

  • A modest proposal to ease the overabundance of tech. Harding, Sy // New Hampshire Business Review;7/27/2001, Vol. 23 Issue 16, p17 

    Presents information on consumer confidence in relation to the economic situation of the U.S. as of July 2001. Rise in the Consumer Confidence Index from June 2001; Explanation of the economic slowdown, by Carl E. Steidtmann, chief retail economist at PriceWaterhouseCoopers; Economic recovery...

  • US Economic Activity Shows Strength.  // Chemical Market Reporter;5/31/2004, Vol. 265 Issue 22, p19 

    Reports that the U.S. economy continues to show signs of both a leading index of economic indicators and improved consumer confidence in the second quarter of 2004. Increase of the U.S. leading index; Reflection of improved economic growth and gross domestic product; Industries that contributed...

  • ECONOMY HIGHLIGHTS. Wallace, William W. // Enterprise/Salt Lake City;11/10/2003, Vol. 33 Issue 20, p27 

    Assesses the economic performance of the U.S. in the third quarter of 2003. Factor which contributed to the increase in the Consumer Confidence Index; Gross domestic product for the quarter; Increase in capital spending during the third quarter.

  • Consumer Confidence Index Surges in June. Siegel, Gary E. // Bond Buyer;6/30/2004, Vol. 348 Issue 31916, p2 

    Reports that the consumer confidence index was higher in June according to the Conference Board. May index reading; Impact of improvement on economic conditions on the consumer confidence; Business conditions.

  • U.S. Economy Continues to Grow. Hoxter, Curtis J. // Caribbean Business;6/9/2005, Vol. 33 Issue 22, p12 

    Reports on the continued growth of the U.S. economy. Increase in income, purchases, customer confidence and home sales despite higher oil prices; Ability of the U.S. economy to withstand significant shocks over recent years; Reduction of the mortgage rates; Evaluation of the economic indicators.

  • A double-dip this summer? Neusner, Noam; Sherman, Erik; Daly, Michelle // U.S. News & World Report;7/1/2002, Vol. 133 Issue 1, p29 

    Examines the slow U.S. economic rebound and fears that consumers are pulling back on spending. Falls in retail sales and disappointing corporate profits; Reluctance of businesses to hire or buy more equipment; How uncertainty is affecting the stock market; Fears of investors; Topic of consumer...

  • Consumer Confidence Dives Off Cliff. Hogsett, Don // Home Textiles Today;10/3/2005, Vol. 27 Issue 4, p15 

    Reports that consumer confidence in the U.S. plunged almost 18 percent in September 2005, its biggest one-month drop in 15 years. Report from the Conference Board; Impact of Hurricane Katrina, rising gas prices and a weakening jobs outlook; Confidence and spending unlikely to rebound any time soon.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics