A decrease in gas prices has apparently contributed to a rise in consumer confidence. As one consumer analyst points out, however, consumer confidence is still not great.
Via Bloomberg News On line --
Via Bloomberg News On line --
“Consumers are definitely getting some benefit from lower gasoline prices and that is freeing up some income,” Gus Faucher, a senior economist at PNC Financial Services Group Inc. in Philadelphia, said before the report. “Confidence is OK, it’s not great. We need better job growth.”See post below.
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