supposedly consumer confidence numbers don't predict consumer spending well at all. But econometric studies can be reversed.
On 8/17/07, Sabri Oncu <[EMAIL PROTECTED]> wrote: > I once built a model based on this Michigan Consumer Expectations number, > along > other numbers. It worked fine. It is a gargage number, of course: based on > phone-interviewed 500 households or something. And these preliminary numbers > are usually based on about half of the interviewees. > > Sabri > -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
