We should take umbrage at anything over 3.0. Gene Coyle
Max Sawicky wrote: > Well-taken, but if people start to care about the unemployment > rate, then it becomes important, indicators be damned. Now > that we've seen 4-oh, we should take umbrage at anything over > 5.0. > > mbs > > > The Conference Board's consumer confidence index has as one of its > > components households' evaluations of the state of the job market > > (jobs easy to get/hard to get), and as another, an evaluation of the > > state of economic conditions. It's not just what pollsters call a > > feelings thermometer. > > > > Doug > >
