In the News: Patrick J. O’Keefe Provides Input to SmartMoney.com
2/10/2012
Patrick J. O’Keefe, J.H. Cohn’s director of economic research, was recently quoted in a SmartMoney.com article about consumer spending. Although the job market showed improvement as of January’s employment report, consumers are still not willing to go shopping in earnest and economists say consumers have too much on their minds to start spending.
“Consumers are spending more on necessities like gasoline and food, so expenditure on other luxury items has been constrained,” said Pat.
Click here to read the article.