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Lynn Franco  Quotes
We think a lot of that is reaction to the spike in prices at the pump following Katrina.

—Lynn Franco

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Consumers’ upbeat mood about current business and labor conditions underscores the economy’s continuing recovery, but the latest retreat in expectations suggest that the pace of economic growth will not accelerate in the months ahead,

—Lynn Franco

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Much of the improvement in confidence can be attributed to the resiliency of the economy post-Katrina and the recent declines in fuel prices.

—Lynn Franco

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A decline of more than 40 cents in gasoline prices this month and the improving job outlook have combined to help restore consumers’ confidence.

—Lynn Franco

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Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.

—Lynn Franco

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Interest
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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

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more positive levels by year-end or early 2006.

—Lynn Franco

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Consumers have grown increasingly optimistic over the last three months, … The recent turnaround in the stock market and an easing in unemployment claims should keep consumer expectations at current levels and may signal more...

—Lynn Franco

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Consumers
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Consumers’ short-term optimism is no longer at recession levels, and the upward trend signals that the economy may be close to bottoming out and that a rebound by mid-2002 is likely,

—Lynn Franco

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Once consumers file online, they tend to stay online. The number of people filing their federal taxes online continues to grow with do-it-yourself software paving the way. This year, nearly an equal proportion of consumers...

—Lynn Franco

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Despite this latest boost in confidence, holiday spending will be driven by the bargains consumers have come to expect.

—Lynn Franco

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The swift outcome in the Middle East has helped quell consumers’ short-term concerns. While an increase of this magnitude occurred after the Persian Gulf War in 1991, this post-war surge differs in that both components...

—Lynn Franco

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Consumers appear to have less Christmas spirit heading into Thanksgiving this year than last year,

—Lynn Franco

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The economic outlook is becoming increasingly pessimistic, with consumer sentiment continuing to fall.

—Lynn Franco

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While nearly 90 percent of consumers say they will not cut back on their buying plans, it’s important to note that this figure is very likely to fall as widespread layoffs begin to materialize,

—Lynn Franco

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