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Thursday, December 10, 2009

More signs that consumer confidence is on the mend

Colleague Jim Hopes led me to an article in today’s Radio Business Report and Television Business Report citing Deloitte and RBC opinions that consumers are regaining their confidence in the economy and the future. Click here to see the RBR/TVBR report.

Implications: A significant share of our economy is powered by consumer spending. When those consumers are feeling more confident, the likelihood of spending increases.

Mike Anderson

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