The consumer mood is poor in 2008
- The percentage of people who expect their income to drop in the next six months” also hit record highs to 15.9 percent, 5.1 percent higher than during the economic hardships of 1973.
- “Those claiming business conditions are ‘bad’ increased to 32.5 percent from 29.7 percent“
- “Those saying jobs are ‘hard to get’ increased to 30.5 percent from 28.3 percent in May“
- “Those expecting business conditions to worsen over the next six months rose to 33.9 percent from 32.9 percent”
- “The percent of consumers expecting fewer jobs in the months ahead increased to 35.5 percent from 32.3 percent“
