Two Subtle Declines In Key Economic Indicators: Consumer Confidence And Inflation.
It was a week that saw subtle declines in two important economic measures: Consumer Optimism and Inflation.
For weeks now we've been pointing out the remarkable strength in consumer confidence. And this is a key to any economic recovery. As long as people stay up beat, willing to continue to shop. And businesses also remain upbeat and anxious to meet that consumer demand. Then the economy stands a good change of entering into a sustained recovery.
But should that optimism start to decline. Should consumers start to close their wallets, then you can look for some real trouble in the economy.
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