Keller @ Large: Why Is Consumer Confidence Crashing?

February 6, 2013 7:09 AM
Keller @ Large: Why Is Consumer Confidence Crashing?
" BOSTON (CBS) – We’re so lucky here in Massachusetts.

Even as much of the rest of the nation wallows in economic malaise, we’re in Fat City.

Listen to Jon’s commentary:

Download: kelleratlargefeb062013.mp3

How do we know?

The governor told us so in his State of the Commonwealth address last month.

“We lead the nation in economic competitiveness,” he said. “We have emerged from recession faster than most other states and stronger than we were before.”

Sounds great, doesn’t it?

But many of us apparently were watching something else that night, or, more likely, working second jobs to make ends meet.

According to the latest survey of consumer sentiment by the MassINC polling group, the public’s view of our economic condition not only isn’t in synch with the governor’s rosy take, it has outright collapsed over the last few months, dropping 15 points from October to January "

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