Friday, May 25, 2007

Consumers resilient despite lofty gas prices-survey

(Reuters) - When asked to describe their future financial prospects,
consumers gave responses that were more favorable by six
percentage points in 2007 than in 2006, according to
Reuters/University of Michigan Surveys of Consumers.




Consumers, when asked how their current financial situation
had changed, were also less likely in 2007 to refer to rising
gasoline prices than in 2006, despite gasoline prices at record
highs, Reuters/University of Michigan Surveys of Consumers
said.


Read more at Reuters.com Economic News

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