Consumer Take on Job Market
San Jose Bankrutpcy Attorney comments on analysis regarding consumer sentiment
As San Jose consumers scan the news for any rise in jobs or delcine in recent unemployment numbers and San Jose Bankruptcy Attorneys reveal we aren't quite there yet, Fox News New York confirms the effects of the latter, stating that 'consumer sentiment was weaker in February, as Americans grew more impatient with the government's gridlock over efforts to stimulate jobs...' This information, via a survey released on Friday, it further shows that while not so much concerned about additional dramatic spikes in layoffs, consumers are continuing to embrace gloom and doom about their income status and job opportunities, according to the Thomson Reuters/University of Michigan's Surveys of Consumers.
Fox News quotes a statement from Richard Curtin, surveys director, "Consumers have been getting more impatient with the slow progress of the stimulus program, and confidence in the Obama administration's economic policies has begun to wane."
The survey's overall index of consumer sentiment was at 73.6 in February's 73.6 is a drop from January's 74.4 as well as coming in lower than the Reuters' analyst poll forecast of 74.0.
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