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Is It Really That Bad?. / Noam Neusner.

by Neusner, Noam; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 80Business. Publisher: Los Angeles Times Syndicate, 2001ISSN: 1522-3191;.Subject(s): Consumer behavior | Consumer confidence | Home | Interest rates | Recessions | Stocks -- Prices | United States -- Economic conditionsDDC classification: 050 Summary: "One survey...shows consumers feeling slightly more upbeat, though still less optimistic than in midsummer [2001]. Another measure of consumer confidence has fallen as far this year as it has in past recessions. And it's easy to see why people are anxious: Many Americans have been shaken by the terrorist attacks, the anthrax scare, and cryptic warnings about new perils." (U.S. NEWS & WORLD REPORT) This article examines the recession occurring in the fourth quarter of 2001 and analyzes why consumers are protecting their money.
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Articles Contained in SIRS Enduring Issues 2002.

Originally Published: Is It Really That Bad?, Nov. 19, 2001; pp. 34-42.

"One survey...shows consumers feeling slightly more upbeat, though still less optimistic than in midsummer [2001]. Another measure of consumer confidence has fallen as far this year as it has in past recessions. And it's easy to see why people are anxious: Many Americans have been shaken by the terrorist attacks, the anthrax scare, and cryptic warnings about new perils." (U.S. NEWS & WORLD REPORT) This article examines the recession occurring in the fourth quarter of 2001 and analyzes why consumers are protecting their money.

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