U.S. consumer confidence highest in 14 years
What changed? Oh, right . . .
By Herman Cain —— Bio and Archives--March 4, 2018
American Politics, News | Comments | Back To Full Article
The importance of consumer confidence to economic growth cannot be overstated. When people feel good about the economy, they confidently spend and invest their money. Sometimes you get false consumer confidence that spurs people to spend for a period of time, but when it's not based on something fundamentally sound, it doesn't last for long.
The most recently announced measure of consumer confidence, which comes from two well-established sources on the subject, suggests U.S. consumers are ignoring the political noise and coming to the conclusion that we're in for good things in 2018:Welcome to CFP’s Comment Section!
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