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Consumer Demand Still on Hold!

I am a great fan of the American economist and Nobel Price laureate Paul Krugman, although I don't always agree with him. But on April 16, 2009 in his Op-Ed column in The New York Times, he gave four good reasons to be cautious about the economic outlook and I think he is absolutely right:
 
1. Things are still getting worse.
2. Some of the good news isn't convincing.
3. There may be other shoes to drop.
4. Even when it's over, it won't be over, because as Krugman states:
"nobody is in the mood for a new burst of spending."
 
The US Consumer Demand Index will be the first to tell for sure when US consumers are in the mood for serious spending. Subscribe today and be sure you will not miss the first and best signal of consumers'changing spending plans.
 
http://www.nytimes.com/2009/04/17/opinion/17krugman.html?_r=1