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Article: TrendPointers Reports Sharp Decline in Economic Sentiment, Predicts Near-Term Consumer Spending Flat at Best.
- Article from:
- PR Newswire
- Article date:
- November 20, 2008
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Also forecasts up to four percent decline in consumer spending by January 2009 from one year earlier if negative sentiment goes unchecked
NORTHBROOK, Ill., Nov. 20 /PRNewswire/ -- TrendPointers, a new economic sentiment research firm, forecasts consumer spending from Thanksgiving through January 2009 could drop as much as four percent below the same period last year if the negative sentiment trend is unchecked. TrendPointers' biweekly reports provide the earliest indicator of sentiment shifts which influence economic activity.
TrendPointers publishes Sentiment Signals(C) and related economic forecasts to provide businesses with enhanced tools for ...