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Letter "R" » Richard Curtin Quotes
«[The survey results mirror those at the University of Michigan, which has seen the steepest fall in confidence ever.] I think their concern will be heightened by the president's affirmation, ... They will pull back in general on all types of spending.»
Author: Richard Curtin
«Consumers came upon this view (of a slowdown) on their own in late November, when Bush and Cheney were talking about counting votes, not the economy. But now to hear it confirmed by such people tends to reinforce the view there is a slowdown. It hasn't helped.»
Author: Richard Curtin
«The loss in people's sense of personal security was linked to the decline in consumer confidence. Unlike other assessments of economic risks, these fears represent a significant threat to the usual functioning of the economy.»
Author: Richard Curtin
«The sharp and sudden swing in consumer expectations was due to mounting fears among consumers that weak job growth and global job outsourcing may pose a threat to their future living standards.»
Author: Richard Curtin
«The growth slowdown anticipated by consumers is very mild, but just enough to result in smaller job gains and a somewhat higher unemployment rate during 2006.»
Author: Richard Curtin
«Prospects for the economy have improved substantially from the lows recorded following the Gulf Coast hurricanes and the surge in gas prices. Firms still expect a slower overall pace of economic growth during 2006 than in 2005. The expected growth slowdown is mainly due to anticipated increases in interest rates. Firms are much more optimistic about their own prospects in 2006, as they expected strong growth in revenues and profits.»
Author: Richard Curtin
«Consumers view high gas prices as a threat to their living standards and a threat to the ability of the economy to create new jobs.»
Author: Richard Curtin
«The recent increases in gas prices have thrown a cold blanket on consumers' hopes for additional declines in gas prices.»
Author: Richard Curtin
«Consumers have found it especially difficult to cope during the winter months with both higher home heating bills as well as higher gasoline costs.»
Author: Richard Curtin
«TEC firms reported that substantial gains in the overall economy have already occurred. They anticipate continued gains during the year ahead.»
Author: Richard Curtin
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