When measured as a sector of the economy, the performance of consumer discretionary companies can be an indicator
of future economic conditions and stock market performance.
Because public sentiment about
future economic conditions drives stock prices, the market frequently rises even before broader economic measures, such as gross domestic product (GDP) growth, begin to tick up.
«Given the economic outlook, and recognizing the time it takes for policy actions to
affect future economic conditions, the committee decided to raise the target range for the federal funds rate to 0.25 to 0.50 percent,» the FOMC's post-meeting statement said.
Factors affecting the level of spending for such discretionary items include general economic conditions and other factors such as consumer confidence
in future economic conditions, fears of recession, the availability of consumer credit, levels of unemployment, tax rates and the cost of consumer credit.
Because public sentiment about
future economic conditions drives stock prices, the market frequently rises even before broader economic measures, such as gross domestic product (GDP) growth, begin to tick up.
The Index of Business Leader Confidence, computed based on interviews with 462 business leaders of companies from Buffalo, the Capital Region, Rochester and Syracuse stands at 97.1, down from 103.8 last year, below the breakeven point of 100 at which overall optimism and pessimism towards the current and
future economic conditions are balanced.
Except for historical information contained in this press release, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding
future economic conditions or performance, are forward - looking statements.
The index stands at 103.8, up nine points from last year, above the break even point of 100 at which overall optimism and pessimism towards the current and
future economic conditions are balanced.
However, there is a realistic prospect that
the future economic conditions here will pave the way for increasing claims, just as they have done in the USA.
3 Policy owners should anticipate renewal interest rates at the Guaranteed Minimum Interest Rate regardless of
future economic conditions.
As a rule, HBI does not make claims or assertions regarding
future economic conditions.