http://blog.cortera.com/2009/06/02/signs-of-a-recovery-in-sight/ Wed, 18 Nov 2009 01:34:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://blog.cortera.com/2009/06/02/signs-of-a-recovery-in-sight/comment-page-1/#comment-4670 F. Aaron Ford Wed, 03 Jun 2009 21:58:10 +0000 http://blog.cortera.com/?p=27#comment-4670 While I see the logic associated with these numbers, my experience has been the opposite in the consumer lending arena. While it is true that many industries will see positive trending as you discussed, the average consumer will usually hesitate longer to respond, ensuring that the movement will have a positive hold. In light of the recent economic upheavals we have seen, I predict that consumer confidence will lag at least 6 to 12 months behind. While I see the logic associated with these numbers, my experience has been the opposite in the consumer lending arena. While it is true that many industries will see positive trending as you discussed, the average consumer will usually hesitate longer to respond, ensuring that the movement will have a positive hold. In light of the recent economic upheavals we have seen, I predict that consumer confidence will lag at least 6 to 12 months behind.

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