Richard Curtin

Richard CurtinConsumer confidence reached the highest point in eight years in December, according to ISR economist Richard Curtin, who directs the U-M Surveys of Consumers, now sponsored by Bloomberg. The good economic news from the Surveys, reported in late December, spurred major news coverage by NPR, The New York Times, U.S. News & World Report and other media in the U.S. and around the world. “Consumers have much to be thankful for in this holiday season: renewed job growth, larger anticipated wage gains, and the steep decline in gasoline prices,” said Curtin. “Importantly, rather than basing their renewed optimism on volatile oil prices, consumers have become convinced that growing strength in the national economy will result in continued gains in jobs and wages during the year ahead. Learn more: http://bit.ly/UM-surveys.