The newest consumer confidence numbers were just released for June and they’re still falling, both in terms of how people feel about the present and their expectations for the future.
We haven’t talked at length about the economic state of affairs lately, mainly because it’s been just so darn upsetting. Our block in Nolita still seems to have a store shuttering at least once a week.
But for whatever reason, I was starting to feel a shift back in a more positive direction. Perhaps it’s just wishful thinking, or my failed attempts at rationalizing a few recent shopping sprees. (I do have a tendency to shop when I should be saving. It’s a completely counter-productive form of denial, I know.)
So what about you guys - are your confidence levels still dropping? Or are you starting to feel even just the littlest bit better on the consumption front?
posted by guest
Jun 30, 2009 11:16AM
My confidence is rising, but slightly. I buy clothes with the money I earn from my student job, and after rent, gas, etc., the money leftover isn't much. But I think as it gets into fall and I see how the economy is, I'll start spending or saving more money. It's definitely still scary out there.