In January, consumer confidence in Arizona rose to its highest level (62.8) since May 2008 (73.4) and planned consumer spending is up in three of five consumer durable goods categories. The latest poll by the Behavior Research Center, Inc., found renewed confidence regarding consumer assessment of the current economic situation. More consumers seem to believer the economy will grow in the coming six months. Thus the Expectations Index rose to 85.5 in January from 77.0 in October and only 65.8 … [Read more...] about Arizona Consumer Confidence Rising
consumer confidence index
From Coffee to Construction: Are We Saving or Spending?
In turbulent times, what is our survival strategy? Are things getting better or worse? Should we save, spend, or chuck it all and run for the Peaks? Reading today’s economy is not easy. Perpetual ups and downs, sometimes in the same week, demonstrate that the roller coaster has not stopped, even if these days it is more of a kiddie ride than the White- Knuckle Gigacoaster. As recently as August, the U.S. Bureau of Economic Analysis reported a 0.5 percent increase in personal income in the … [Read more...] about From Coffee to Construction: Are We Saving or Spending?