Expert Analyses of the following article:
Consumer confidence nears all-time low
Source: money.cnn.com
June 30, 2008
Affluent Market Calls Recession Before the Economists;
Author: GLG Expert Contributor
Author: GLG Expert Contributor
The affluent market, as defined by the wealthiest 10% of US households based on net worth, accounts for almost half of total US household income and thus about a third of total gross domestic product. When this segment starts to reduce or defer expenditures, the impact on the economy will quickly become apparent. A new study by the American Affluence Research Center shows that...
June 30, 2008Consumer Confidence Index
Author: David Workman, Executive Director, PRO Buying Group
Some of what we report is a self fulfilling prophecy We are not one number, driving to one result Consumers will be selective in their indulgences
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