Thursday, June 17, 2010

Consumer Confidence rises in May in CA, according to Chapman University's A. Gary Anderson Center for Economic Research. http://www.chapman.edu/images/userImages/cwilliam/Page_4388/CSResults_2010Q2.pdf Seems to me people postpone certain purchases, that are quasi-necessary, only to purchase later. This a cycle of up and down consumer confidence and spending. What do you think?