Lynn Franco Quotes
While confidence has weakened from January's level, both components of the index still point to healthy consumer spending in the months ahead... The consumer will continue to provide solid spending support as the economy moves into recovery. 
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Confidence | Weakened | Level | Components | Index |
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Consumers are showing no signs of pessimism and no signs of curbing their strong spending habits.
- Lynn Franco
Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations. Fuel prices remain high, though they have retreated in recent days, and when combined with a weaker job market outlook, will likely curb both confidence and spending for the short run.
- Lynn Franco