But this year,
despite high consumer confidence, stable interest rates, a booming stock market and low unemployment, sales of new vehicles are down slightly.The lower sales mean automakers are piling on the rebates, special lease deals and low - cost loans to keep most of the iron rolling, making the summer of 1997 a buyer's market for many family sedans, vans and even a few sport - utilities and trucks.
But this year,
despite high consumer confidence, stable interest rates, a booming stock market and low unemployment, sales of new vehicles are down slightly.
Not exact matches
Another related issue that impacts both wages and inflation:
Despite a tight labor market and
high consumer confidence, many companies don't feel they can retain market share if they raise prices for
consumers.
Despite higher borrowing costs and home prices, demand for home purchases has grown in the spring buying season as the economic outlook has continued to improve and bolstered
consumer confidence.
Figure 5 illustrates that
despite an increase in market volatility,
consumers»
confidence in the strength of the economy remains
high, well above index levels for 2017.
Despite a small decline in May,
consumer confidence for the first five months of 2015 has been at a
higher average level than at any time since May 2004.2 A relatively low unemployment rate and moderate inflation have helped maintain
consumers» upbeat mood.
Despite predictions of immediate financial and economic danger since the referendum we have seen
consumer confidence remain
high, record numbers of jobs and economic growth that has has exceeded all expectations.
Negativity toward traditional merchants is running
high despite soaring
consumer confidence.
Overall,
despite the monthly volatility, the trends in the shares of respondents planning to buy a new home and the shares of respondents planning to buy a lived - in home within six months are climbing up from the trough and
consumer confidence remains at a relatively
high level by historical standards.
Despite gas prices falling for 13 consecutive weeks,
consumer confidence continues to stagnate on concerns about
high unemployment, the European financial crisis economic weakness at home, as well as a shaky stock market.