A good reading on the outlook for the U.S. economy can be had by closely watching indicators such as consumer confidence, unemployment, and corporate downsizing. The chances of an U.S. recession will rise and fall with these measures. For the moment, each is holding their own. The national state of mind has reflected the economy around us. With the economy booming as a whole, so has the individual's view of the economy. The …
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showed last 75 words of 1121 total
…a matter of time before some of these indicators shift for the worst, and consumer confidence is lost. ------------------------------------------------------------------------ **Bibliography** Rappaport 5 BIBLIOGRAPHY Bureau of Economic Analysis. Personal Saving Rate (Chart). Internet. Gibson, Sharon. "Labor Statistics" Bureau of Labor Statistics. 4 December 1998. Internet. Koropeckyj, Sophia. "Consumer Confidence". Dismal Scientist. 24 November 1998, Dismal Scientist Online. Internet. Market Outlook: "Market's Downside Risk Has Been Reduced". Investor's Monthly November 1998: 8. McIntyre, Kevin. "Chain Store Sales". Dismal Scientist 3 December 1998, Dismal Scientist Online. Internet.