Modest Gain in Consumer Confidence

Lower gas prices and an improving job market have produced only a modest gain in consumer optimism, according to a recent Gallup poll. A majority of U.S. investors continue to use words like "in a recovery" or "sustained expansion" to describe the current economy

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Gasoline hitting $3 a gallon was a shock that greatly affected consumer confidence. Dr. Newport says gas price volatility and consumer uncertainty it creates could force many retailers to use aggressive price cutting to get their sales up this holiday season.

Bio photo of Ed Mayberry

Ed Mayberry

Local Anchor, All Things Considered

Ed Mayberry has worked in radio since 1971, with many of those years spent on the rock 'n' roll disc jockey side of the business...