Consumer Confidence Up

Mar 17, 2009 by Mark Maier

Looks like Consumer Confidence hit the low in February of this year and could be on it's way back up according to research from RBC, that's good news for your clients...

"Consumer confidence looks to be trying to find a bottom," said Larry Miller, managing director, RBC Capital Markets. "The March improvement taken together with the stabilization of spending intentions we've seen in our restaurant and other consumer surveys and in the Institute for Supply Management (ISM) may suggest the consumer has dialed back its spending to a level that is reflective of the current macroeconomic realities. Holding these levels will be key to restoring investor confidence."Related Categories