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Sunday
Nov232008

Perfect Summary of Consumer Sentiment

I continue to be amazed at the suddenness of the economic slowdown. Watching business screech to a halt in literally a few days time is probably the most shocking event in the 24 years I've been in the consumer products business. I read this statement on someone's Facebook status this morning, and I think it perfectly sums up the consumer mindset right now:

"I have to admit my gas guzzling SUV went from [$]80 a tank to 40. That is helping the Christmas present cause...I just hope I have a job seven months from now."

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