Jump to content
House Price Crash Forum
Sign in to follow this  
Spirit

Consumer Confidence At Lowest Level This Year

Recommended Posts

Consumer confidence has fallen to the lowest point this year as people become increasingly concerned over the state of their personal finances and disenchanted with the economy as a whole, according to the latest Consumer Market Outlook report by Experian®, the global economic forecasting group.

Addween Sacha, senior consultant at Experian’s Business Strategies division, commented: “The recent weakening in ‘Feel Good Factor[1]’ underlines the current climate of caution as many shoppers resist the temptation to spend.  It remains to be seen whether the recent  decision to cut interest rates to 4.5 per cent will lift consumer confidence from its current low.”

“Between the first and second quarter this year, consumer confidence fell in almost every region of the UK, most notably East Anglia and the North where confidence was previously high. The only exception was Greater London where confidence was relatively weak to start with, and Scotland where confidence has risen.

http://press.experian.com/documents/showdoc.cfm?doc=1820

Share this post


Link to post
Share on other sites
Guest Bart of Darkness
Consumer confidence has fallen to the lowest point this year as people become increasingly concerned over the state of their personal finances and disenchanted with the economy as a whole

Years too late alas.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.