Consider the Consumer Confidence graph above and the Tampa Bay Times article below. On the graph, there was a slight drop in August. Now read the article below. What factors might cause consumer confidence to drop? What things might cause consumers to spend less?
SS.8.FL.2.5 Discuss the fact that people may revise their budget based on unplanned expenses and changes in income.
SS.912.FL.2.1 Compare consumer decisions as they are influenced by the price of a good or service, the price of alternatives, and the consumers income as well as his or her preferences.
Created by Deborah Kozdras and Brittany Sampson