OK, I'll post it....Consumer Confidence Ticks Up in July

[PaceAdvantage]

The only reason I post this is because some others were touting the drop in CC a little while ago...only fair to post when it rises (unless you're not into playing fair):

http://briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?SiteName=Investor&ArticleId=NS20080729101807HeadlineHits

BTW, how can Consumer Confidence rise in the face of such a horrible recession?

[cmoore]

Key sentences in that little article....

We never put much stock in surveys on consumer confidence since consumer attitudes can be quite finicky based on prevailing headlines; moreover, the correlation between confidence and the real economic activity of spending is fairly weak.

[pktruckdriver]

:blush: :p :lol: More , please

[PaceAdvantage]

We never put much stock in surveys on consumer confidence since consumer attitudes can be quite finicky based on prevailing headlines; moreover, the correlation between confidence and the real economic activity of spending is fairly weak.Funny, I don't recall this little caveat being cited by anyone who reported the CC drop last time out.

[skate]

Many obstacles being overcome, shows the strength of a Service Type Economy over a Manufacturer type economy.


Watch, as many economies struggle, while UncleGeorge and the USA leave em in the Dust.:eek:


They CRY Recession.....:confused: