Comments on: Week of November 23, 2009. Consumer Confidence.

By: j1122h

j1122h — Sat, 12 Dec 2009 04:14:24 +0000

My family and I feel as though the economy is Massachusetts is worse than ever. It seems as though many, many people are out of jobs and getting assistance from the government. I do not feel as though the economy is growing, nor is the employment situation in the state. I am planning on spending alot less money on Christmas than I did last year (but that does not have anything to do with with finances, I just went a little overboard last year!). I do not have as much access to credit this year.

By: wcammett01

wcammett01 — Fri, 11 Dec 2009 02:04:42 +0000

My family and I believe there has been little improvement to the economy and do not plan to spend much money due to our tight budget. The unemployment number is not decreasing and jobs are not being made or insighted by the government. More money is given to government programs which seem pointless and which add to tax payers debt. The economy is not changing and the longer the economy stays this way the worse condition we are in for now and in the future.

By: crecinos01

crecinos01 — Thu, 10 Dec 2009 19:16:50 +0000

In my opinion I feel that the Massachusetts econimy is recovering slowly. After talking to some people I noticed that they have the same idea as I do. The employment opportunites are growing but not drastically as we would like it too. We are right now in a state of hurry up and wait, i believe that the worst is over, its all about improving from now on. This holiday season I will not be spending as much as usual, I actually have a budget this year. In conclusion, the economy in my point of view is getting better but for right now, for me I need to be in a strict budget.

By: mnbvcxz

mnbvcxz — Thu, 10 Dec 2009 17:45:20 +0000

It seems as though the economy is making a slow recovery but we are not out of the woods yet. My family and I are spending more money on presents this holiday season but the employment situation is still a concern. But think that when we see improvements in the economy we will also see the employment rate increase. My family also said that they are not spending and different amount of money this Christmas from last years.As a country and economy, we still have a long way to go toward a full recovery.

By: ShawnT

ShawnT — Wed, 09 Dec 2009 17:16:31 +0000

My family and I are definetly feeling the effects of teh economy due to my father owning a granite business which is hard to get business during a tim elike this because other people arent building new homes or renovating their homes due to the economy, ALthough the economy is slowly making a comeback im not entirely sure that the employment situation is improving because the unemployment rate is still high. I am definetly not spending as much money i spent on last year because its just not suitable for me this time and i told my parents that i am not expecting much for Christmas because i understand whats goin on with this recession.

By: aupham01

aupham01 — Wed, 09 Dec 2009 02:26:10 +0000

Although the recession has affected the lives of many Americans, it has not substantially hurt my family’s financial situation. We no longer have a mortgage, we don’t own or run a business, and we have all managed to keep our jobs; this weak economy hasn’t made a difference in our expenses or income that wouldn’t have occured otherwise. Therefore, I have been spending the same amount of money as I did before the recession, and I plan to do so during the holidays also. People need to keep spending in order to stabalize the economy, so why would I stop doing what I’ve always done? Because the news and media is constantly putting fear into our minds about spending money and how terrible the economy is? If the economy hasn’t affected my life at this point (which I feel is the worst we’re going to see) then I’m not going to stress myself out over spending money on Christmas presents any more than I did two years ago. As far as credit goes, people who aren’t responsible enough to know what they can afford and aren’t able to pay it back are better off without it. Credit is a good thing for a lot of people including myself because it allows you to buy something you might not have the means to pay for fully at the time, but are able to pay for it gradually. The economy will start to improve soon and until then people should be smart about how they spend their money and use their credit. By spending money on things you know you have the means to pay for without being influenced by the government or media, everyone will be a lot less worried about their financial situation.

By: jleclair09

jleclair09 — Tue, 08 Dec 2009 16:50:40 +0000

I beleave that the consumer confidense had deffinitly decreased since this recession started. More and more people have less money in their pockets these days do to higher taxes espesailly the middle class citizens. The only way i see consumer confidence go up is if we see a significant number in lowering the prices of all products , so that the consumer can feel more comfortable spending there dollar on a product that they feel is worth it. The Economay can only get better and by lowering the prices will help becuase now people wouldnt feel like there money is burnning a whole in their wallets.

By: oacholon01

oacholon01 — Mon, 07 Dec 2009 21:47:11 +0000

How do you and your family feel about the Massachusetts economy today. Do you feel the economy is growing? Do you think the employment situation is improving? Are you planning on spending more this holiday season than you spent last year? Do you have more access to credit than you had last year?
My family and i really do think the economy is becoming more stressful to us as individuals.The employment situation is not even helping situations but rather getting worse e.g i have a sister who just graduated as a nurse since may and still cannot find a job cause wherever she goes,she is been told they do not hire new grads that leaves me to wonder what is the essence of school if you dont get a job when you finish not to talk of the student loans waiting for one to pay.For this christmas i think its just going to be me spending less because now what the economy states is, the more you spend the less comes into your wallet thats just my own philosophy.Lastly even though i have more access to credit right now i really dont think i want to touch it in anyway but rather i would love to save it for something more relevant.

By: avargas07

avargas07 — Sat, 05 Dec 2009 19:19:25 +0000

Me and my family feel the economy is moving to slowly, and the employment situation is getting worst. I honestly will tell you i do have more access to credit this year but plan on spending less money on the holidays. Just because the credit is available dont mean you wont pay it back later in bundles. I just dont think the deals are out and since no one else is spending that means i should probly save instead os spend.

By: sblanchette

sblanchette — Sat, 05 Dec 2009 15:14:55 +0000

I feel that we are in the process of growing but its just really hard for our country to bounce back very quickly. the holiday season is one way to help give it a little push in a positive direction though. The employment issue i believe is still the same, i work in a supermarket and see maybe 10 to 20 people a day handing in applications or taking applications. I don’t have a credit card so i really don’t have nay access to credit unless you count my parents as a form of credit, they always lend me money if i really need it. finally as far as spending money on the holidays this year i am spending more than i did last year only because im getting older and feel i have to get everyone i get gifts for something better than i did last year, 10 years from now im gonna be in trouble if i keep this trend up.