Posts Tagged ‘consumer confidence’
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
NEW YORK — Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according to figures released today by a key data service. Including goods from food to clothing to gasoline — but excluding cars [...] [...]
STARKVILLE — Mississippians’ overall confidence in the state’s economy continued to slide in the fourth quarter of 2009, according to the latest state Index of Consumer Sentiment. Moving downhill since June’s peak, the fourth-quarter overall confidence rating dipped to 72.49 percent from 72.86 in the third quarter. This represents an almost four point decline from [...] [...]
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