Gap Between Survey Data and Actual Behavior: Business Leaders Should Beware of Judgment Errors
- 1The Conference Board consumer confidence index fell by 6.7 points in September.
- 2The government reported that spending increased by 0.9% and personal income increased by 0.2% in August.
- 3Jeff Bezos, who reached an asset value of $361 billion, mentioned taking the first step toward stress solutions.
So what's the key point?
Results show that consumer sentiment has become more cautious than before. However, since actual spending and income have increased, caution is needed in making judgments.
Source Fortune · View original ↗
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