Interesting question. Based on what I am seeing and hearing, it is clear that no one is comfortable in the luxury goods marketplace right now. Diamonds, real estate, fashion are all still very watchful.
However, based on what I am seeing in my own community, which has been the epicenter for economic devastation in the Mid-western United States, I'd say that consumer confidence is returning.
What kind of business are you in? Where are you located? Wha t kind of research have you conducted? Are there links to this research so we can discuss specifics?