View Single Post
Christien Christien is offline
<insert witty title here>
 
Christien's Avatar
 
Join Date: Nov 2004
Location: Hamilton, Ont.
Posts: 7,000
Garage
I read something a while ago that said somewhere around 70% of the US economy is based on consumer spending. Just think about that for a second. That's staggering. So if consumer confidence fails, 3/4 of the economy tanks. Back in the winter every time another bad news story made headlines, I cringed, because I knew it was another slam at consumer confidence. So, IMO, any good news is fantastic news, even if it's a complete stretch of the truth. Anything that bolsters consumer confidence is huge.
__________________
Current: 1987 911 cabrio
Past: 1972 911t 3.0, 1986 911, 1983 944, 1999 Boxster
Old 08-12-2009, 01:46 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)