How can Consumer Confidence affect both Savings and Consumption? [How can Confidence be affected ]

-Consumers feeling more confident about the Economy and own Financial place, gives them a more likely hood to Spend and not Save -Confidence itself is affected through a different number of factors, eg a Recession is one, or Job Insecurity is another. Confidence is often seen as a Lag Time too - even after the Recession is done, Confidence may be low for some time