Posts Tagged ‘consumer confidence’

Economists nervous about employment report

WASHINGTON — Faster job growth is needed to accelerate the recovery, but economists worry the government’s July employment report won’t show strong gains. Without more jobs, Americans are likely to remain cautious with their spending, restraining the economic rebound. But without more spending, companies will likely be slow to hire. The report will be released […] [...]

Consumer spending, personal incomes stall

WASHINGTON — The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest showing in nine months. […] [...]

Confidence in U.S. economy falls again

by Published: July 28,2010

Tags: consumer confidence, economy

NEW YORK — Americans’ confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns about the economic recovery and the back-to-school shopping season. The Conference Board, a private research group, said yesterday that its Consumer Confidence Index slipped to 50.4 in July, down from the revised […] [...]

Survey finds consumer confidence at all-time low

by Published: July 27,2010

Tags: consumer confidence, economy

ACROSS MISSISSIPPI — Consumer confidence in the future of the state’s economy has dipped to the lowest recorded level since Mississippi State University’s “Economy Watch” series began in early 2009. According to survey results from the state’s Index of Consumer Expectations, Mississippians’ perceptions of future conditions fell to 71.5 percent, a decrease of 7.1 percent […] [...]

Manufacturing activity fell in June

WASHINGTON — New evidence of a slowing economic rebound emerged yesterday in reports that manufacturing activity is slowing after helping drive the early stages of the recovery. Factory output fell in June, according to a government report on industrial production. It was the sharpest monthly drop in a year. And two regional manufacturing indexes sank […] [...]

Consumer confidence plummeted in June

by Published: June 30,2010

Tags: consumer confidence, economy, spending

NEW YORK — Americans, worried about jobs and the sluggish economic recovery, are losing confidence, causing a widely watched index to tumble in June and raising concerns about consumer spending in the critical months ahead. The Conference Board, a private research group based in New York, said yesterday that its Consumer Confidence Index dropped almost […] [...]

Forecasters expect car, truck sales to be down

DETROIT — When it comes to car shopping, Americans are tapping the brakes. Forecasters expect U.S. sales of cars and light trucks to slow in June after months of improvement. It’s another sign that people are beginning to doubt the economic recovery with unemployment still high. “The two big issues with consumers right now are […] [...]

U.S. retail sales plummeted in May

by Published: June 11,2010

Tags: consumer confidence, recession, retail

WASHINGTON — Retail sales plunged in May by the largest amount in eight months as Americans slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery. Spending fell 1.2 percent last month, the Commerce Department said today. Auto sales were down 1.7 percent but […] [...]

State’s consumers feeling more optimistic

by Published: May 6,2010

Tags: consumer confidence, economy

STARKVILLE — Even with reports of high unemployment and increasing foreclosures, consumer confidence among Mississippians is showing improvement. During the first quarter of the year, these results came amid national news reports of Gross Domestic Product growth, rising stocks and an increase in manufacturing, said Rebecca Smith of Mississippi State’s College of Business. When compared […] [...]

Factory orders continue to climb

WASHINGTON — Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months as manufacturing continues to provide crucial support for the U.S. economic recovery. “We’re not a red-hot economy,” said Tim Quinlan, an economist at Wells Fargo. “But the recovery is still […] [...]

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