Posted on 10/26/2021 8:20:38 AM PDT by ChicagoConservative27
The fall of new coronavirus infections gave a boost to consumer confidence in October but inflation fears are still rising, the Conference Board said Tuesday.
“While short-term inflation concerns rose to a 13-year high, the impact on confidence was muted. The proportion of consumers planning to purchase homes, automobiles, and major appliances all increased in October—a sign that consumer spending will continue to support economic growth through the final months of 2021,” said Lynn Franco, the senior director of economic indicators at the Conference Board.
(Excerpt) Read more at breitbart.com ...
https://www.conference-board.org/data/consumerconfidence.cfm
Actually that a bit of spin. It seems feeling are rather mixed when you read the actual numbers
Consumer confidence or a desire to buy thins before the double in price?
Yes, it will be “OMG we can’t get together for the holidays” because of the next “we’re all going to die” strain....
I can’t be confident in anything until Herr Fauci tells me what I can and cannot do this fall and winter. I’m waiting with bated breath for his instructions.
behind my three masks
Yes, three masks really does help the bated breath.
Nobody has their winter heat bill yet.
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