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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3652 |
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The improved attitudes come even with the enduring turmoil spell with Wall Street. Economist Richard Yamarone from Argus Research Corp states, "Consumers seem to be fairly upbeat, it looks like they are ignoring the warnings of Wall Street" (Aversa).
Another gauge of consumer's confidence in the economy is his or her attitude and the comfort level in making major purchases...
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The United States Department of Labor, Bureau of Labor Statistics conducts a consumer expenditure survey that measures the spending habits of U.S. consumers and includes data on their expenditures, income, and characteristics (BLS, 2007). The Consumer Expenditure Report is compiled on an annual basis and the latest report published in February 2007 for consumer expenditures in 2005...
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