May Consumer Confidence Up More Than Expected
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, May 28, 2010
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- April Phoenix Home Sales At 4-Year High
- Why Are We Drilling @ 5,000 Ft. in the First Place?
- Mortgage Rates, Gas Prices Falling
- CO2 Emissions Fall to 14-Year Low in 2009
- Post-Recession Pattern of Jobless Claims
- Tiffany Worldwide Sales Rise 22% in Q1
- Worker Shortage in Washington with a Jobless Rate ...
- Rasmussen: Obama Approval at All-Time Low of -22
- Sign of the Times
- Orders for Durable Goods Reach 19-Mo. High
2 Comments:
of course, in absolute terms, it's still at the lowest level in 18 years (apart from the recent recession).
absolute levels here matter a great deal, not just change. dropping your fever from 104 to 102 doesn't mean you're ready to go play tennis.
Like the 4-week moving average for first time unemployment claims, the Michigan consumer confidence level has rebounded to where is was in 1981 - the middle of the "W".
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