| Consumer confidence drops lower in mid-state |
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Posted: Monday, February 15, 2010 2:22 pm
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Consumers’ perceptions of the economy are taking a downward trend.
In the latest Middle Tennessee Consumer Confidence Index from MTSU’s Office of Consumer Research, only two percent agreed with the statement, “Business conditions in the U.S. are good,” a five percent drop from December 2009.
The biggest decline was a six percent drop in the percentage of people who agree that “Now is a good time to make large purchases” (33 percent).
Five percent fewer people concurred that “Now is a good time to buy a car” (42 percent).
Only one percent of respondents believe that “Jobs in Middle Tennessee are easy to find,” a three percent drop from December’s survey.
The poll was taken by phone on Feb. 8 and Feb. 9. Randomly selected adults in Rutherford, Davidson and Williamson counties were questioned. |
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