From the Archives: Consumer confidence was up in Tyler for 2004

TYLER, Texas (KETK) – Back in 2004, then Tyler Economic Development Council president, Tom Mullins said that consumer confidence in Smith County was higher than it had been a year.

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In this From the Archives report from 2004 KETK’s Brian Bachman spoke with Mullins about the consumer confidence bounce-back. Mullins credited an influx in development like a new Wal-Mart as the reason for the added consumer confidence.

According to the Organisation for Economic Co-operation and Development, consumer confidence is an “indication of future developments of households’ consumption and saving, based upon answers regarding their expected financial situation, their sentiment about the general economic situation, unemployment and capability of savings.”

According to Mullins, Tyler was one of the fastest growing mid-size cities in the United States.

Twenty years later, at the 40th Annual Perryman Economic Outlook Conference in January, Dr. Ray Perryman said that job and population growth in Tyler has continued.

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