ADVISORY/Consumer Confidence Declining.Business Editors ADVISORY... --(BUSINESS WIRE)--Jan. 31, 2001 TOPIC: According to a study by the Conference Board's Consumer Research Center, consumer confidence reportedly is at its lowest level in four years. Experts said the reason appears to be a growing fear of recession, according to a story in USA Today. The Conference Board index is based on a monthly survey of about 5,000 U.S. households, the story said. Economists allegedly consider it an important indicator because consumer spending accounts for about two-thirds of the nation's economic activity, the story said. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Ms. Angela Auchey is a senior investment analyst for Federated Investors Federated Investors is a large financial services company headquartered in Pittsburgh, Pennsylvania. Founded in 1955, the company manages $260 billion dollars of customer assets. The corporation offers 151 different types of mutual funds. , Inc. She can comment on consumer cyclicals and consumer staples Consumer Staples The industries that manufacture and sell food/beverages, tobacco, prescription drugs, and household products. Notes: Proctor and Gamble would be considered a consumer staple company because many of its products are household and food related. . PR: Rebecca Taylor Rebecca Taylor (c. 1969–) is a New Zealand-born fashion designer based in New York, New York, U.S.. To Americans, she is probably the most famous New Zealand designer, with her label at US and European department stores. Her retail outlets include boutiques in Japan. 412/288-8079 Prof. Brian J. Gibbs teaches management at Vanderbilt University Vanderbilt University, at Nashville, Tenn.; coeducational; chartered 1872 as Central Univ. of Methodist Episcopal Church, founded and renamed 1873, opened 1875 through a gift from Cornelius Vanderbilt. Until 1914 it operated under the auspices of the Methodist Church. . His expertise includes consumer behavior and the psychology of decision making. 615/322-3737 615/322-7311 (University PR Phone) Mr. Robert L. Sandelman is the founder and President of Sandelman & Associates, a marketing research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that was established in 1988 to provide food service companies with the consumer information they need to direct their marketing and operations efforts. Research studies encompass over 100,000 interviews per year across more than 100 individual markets and cover each key segment of the restaurant industry (quick-service, family dining, and casual dining). A wealth of consumer behavioral behavioral pertaining to behavior. behavioral disorders see vice. behavioral seizure see psychomotor seizure. and attitudinal information is at Mr. Sandelman's fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. . 714/921-0100 bob@sandelman.com ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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