CREDIBILITY OF CONSUMER SENTIMENT INDICES

Credibility of Consumer Sentiment Indices

Credibility of Consumer Sentiment Indices

The heart and core of this article is to critically analyze the article “Confidence Game: Should you believe those dismal consumer confidence figures?” written by Daniel Gross on October 31, 2002. In this article author informs us about the consumer confidence which he termed as “depressing.” On the other hand author explains this term by giving an example in his article as under “On Tuesday, the Conference Board reported that its widely followed Consumer Confidence Index tumbled in October to 79.4, a nine-year low. Every recession in the past ...