Lynn Franco Quotes

With unemployment at a 30-year low and the short-term Conference Board forecast projecting favorable labor market conditions, confidence is expected to remain strong through the summer. Volatile financial markets and interest rate hikes are not expected to have a significant impact.

- Lynn Franco

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Unemployment | Year | Short | Term | Conference |

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Consumers continue to rate current conditions quite positively, but they're still tentative about the outlook. - Lynn Franco

Rising unemployment and continuing layoff announcements are dampening confidence... A turnaround in confidence levels is not likely before year's end, nor are retailers likely to enjoy a blockbuster holiday season. - Lynn Franco

The most significant contributor to the rebound in confidence has been the overall improvement in current conditions over the past 12 months. And consumers' outlook suggests that the economy will continue to expand in the first half of the new year. - Lynn Franco