A regular consumer confidence survey taken by ABC News/Money Magazine reveals that consumers are feeling better about the economy, though there’s a long way to go before the index gets back into positive numbers.
The consumer comfort index rose four points to -22 in the week ended April 6, from -26 a week earlier, apparently a reflection of the military successes being seen in Iraq.
The consumer comfort index rose four points to -22 in the week ended April 6, from -26 a week earlier, apparently a reflection of the military successes being seen in Iraq.
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While everyone we know is hoping that success in Iraq will lead to instant economic turnaround, the reality is that there probably are going to be a lot more ups and downs to this situation for the foreseeable future.
As Bette Davis once said in Joseph L. Mankiewicz’s magnificent “All About Eve,” “Fasten your seatbelts. It’s going to be a bumpy night.”
