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Full-Text Articles in Social and Behavioral Sciences
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
How Consumer Sentiment Affects Personal Consumption, Gregory Hughes
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the relationship between consumer confidence and major economic indicators as it relates to the United States after the financial crisis of 2008. This study reveals the effect consumer sentiment has on economic forecasting as it relates to personal consumption. Macro level data used to indicate future economic performance is lacking without the inclusion of consumer confidence levels.