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A more optimistic outlook for business and labor market conditions was the driving force behind the increase in the Expectations Index. Regarding income, however, consumers remain rather pessimistic about their short-term prospects and this will likely continue to play a key role in spending decisions in early 2010
Consumer confidence, in slump, shows gains Dec 29, 2009
Consumers' assessment of present-day conditions has grown less favorable, with labor market conditions playing a major role in this grimmer assessment
Consumer confidence slipped in October Oct 27, 2009
The decline in the Present Situation Index, caused by a less favorable assessment of business conditions and employment, continues to imply that economic conditions, while not as weak as earlier this year, are nonetheless weak
Consumer confidence turns lower Jun 30, 2009
The moderate improvement in the short-term outlook was the result of a decrease in the percent of consumers expecting business and labor market conditions to worsen, as opposed to an increase in the percent of consumers expecting conditions to improve
Consumer confidence dismal, but better Nov 24, 2009
Increasing uncertainty and apprehension about the future state of the economy and labor market, no doubt a result of the recent slowdown in job growth, are the primary reasons for the sharp reversal in confidence. Until the pace of job growth picks up, consumer confidence is not likely to pick up
Consumer confidence dropped in June Jun 29, 2010