51 Quotes by Lynn Franco

With unemployment at a 30-year low and the short-term Conference Board forecast projecting favorable labor market conditions, confidence is expected to remain strong through the summer. Volatile financial markets and interest rate hikes are not expected to have a significant impact.

Much of the decline in confidence over the past two months can be attributed to the recent hurricanes, (gas) pump shock and a weakening labor market.

more positive levels by year-end or early 2006.

CEO confidence has slipped considerably over the past two quarters, as both current conditions and expectations have softened,

Barring an unforeseen shock, we would expect consumer confidence to continue to hover around current levels, indicating continued economic growth.

Growing optimism about the overall health of the economy continues to bolster consumers' short-term outlook. But consumers' assessment of current conditions, which strongly hinges on improvements in the labor market, remains both weak and volatile.

Whatever stock market effect we've had probably was felt in the present conditions index, but the overall index remains strong, ... The boost in optimism, coupled with tax refunds, should continue to fuel spending.

We think a lot of that is reaction to the spike in prices at the pump following Katrina.

Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations.