The stock market continues on a historic ride.
but how much does it mirror consumer confidence?
The Dow Jones has been sitting above 17-thousand points
for about a week now.
A local business professor says it reflects what's
being done in the business world.
The most recent federal jobs report showed more jobs
than expected are being created.
industries like auto and manufacturing are continuing
and the unemployment rate is falling.
that still may not mean an immediate impact on our
That consumer can feel good about that the products
that they want are going to be available, the products
that they want may not cost as much in the long run,
and it may be that they're better able to afford it
because they're becoming employed or their employment
situation is getting better.
The professor expects the stock market to continue
to go up.