New Year, But Same Unsettled Economy

Although the calendar flipped to a new year this month, it appears consumers have carried over their economic concerns from 2007. According to BIGresearch’s Consumer Intentions & Actions survey for January, only 33.6 percent of the respondents are very confident or confident that the economy will be strong, the lowest total recorded since September ’05 (33.4 percent, post-Hurricane Katrina). The recent survey polled more than 8,000 consumers. Here are some more noteworthy findings: