Lynn Franco Optimism Quotations

Growing optimism about the overall health of the economy continues to bolster consumers' short-term outlook. But consumers' assessment of current conditions, which strongly hinges on improvements in the labor market, remains both weak and volatile.

The tight labor market and continue optimism about jobs is clearly keeping consumer spirits high.

The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.

Consumers' short-term optimism is no longer at recession levels, and the upward trend signals that the economy may be close to bottoming out and that a rebound by mid-2002 is likely,