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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: consumer confidence

consumer confidence stories: 55 news summaries

21 - 40 of 55 Stories | << Prev 1 2 3 Next >>

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To Avoid Recession, Cheer Up: Aussie Pol

Finance minister pushes power of the positive

Nov 12, 08 3:31 PM CST
(Newser) - Australia's finance minister apparently didn't see what happened to Phil Gramm  last summer when he declared that the US economic slowdown was "mental" and called Americans a "nation of whiners."  The recession would disappear, said Ken Henry, if Australians would  just buck up, Australia’s News... More »

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Australia • economic growth • consumer confidence • unemployment • Kevin Rudd • job creation • Treasury secretary • financial crisis • Ken Henry

MARKETS

 Dow Rally Ends Dreadful Month 


Oct 31, 08 3:39 PM CDT
(Newser) - Stocks rallied today despite a slew of poor economic reports as investors instead focused on falling rates in the credit markets, MarketWatch reports. Though the Dow was up 11.3% for the week, October ended as the worst month since 1987. The Dow rose 144.32 to close at 9,... More »

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Dow Jones • consumer confidence • Nasdaq • consumer spending • credit market • S&P 500 • Libor

OPINION

Chill Out: It's a Recession, Not the Apocalypse

London's mayor has some advice for the queen: Buy a dress

Oct 28, 08 12:33 PM CDT
(Newser) - If you’re fretting, panicking, or just plain moping about the economy, Boris Johnson has some advice: Wake up and go shopping. “This isn’t some disaster movie about a virus from Mars. It’s a recession,” the mayor of London writes in the Daily Telegraph. “... More »

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London • Queen Elizabeth • consumer confidence • recession • consumer spending • Boris Johnson • financial crisis

 Consumer Confidence 
 Hits All-Time Low 

Signs point to drop in consumer spending, deepening downturn

Oct 28, 08 10:07 AM CDT
(Newser) - Consumer confidence hit a record low in October, Bloomberg reports, raising the specter that spending will slow significantly. The Conference Board’s index dove to 38, the lowest reading since the metric’s inception in 1967, and far worse than analysts expected. With the stock markets volatile, home equity deteriorating,... More »

MORE ABOUT:
economic indicators • consumer confidence • consumer confidence index • financial crisis

MARKETS

 Stocks Sink, Yet End Week Up 

More ugly news makes for yet another volatile day

Oct 17, 08 3:37 PM CDT
(Newser) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The... More »

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housing market • Dow Jones • consumer confidence • Nasdaq • credit crisis • commercial paper • S&P 500 • Libor • financial crisis • interbank lending

 Wary Consumers Spell 
 Trouble for Retailers 

71% miss projections, worst showing since September of 2000

Oct 9, 08 4:42 PM CDT
(Newser) - With the holiday season looming, retailers' only hope may be a genuine Christmas miracle. In reports on last month's business, 71% of retailers missed sales and profits estimates, making it the worst September since data collection began in 2000, MarketWatch reports. Experts widely attributed the dismal numbers to the struggling... More »

MORE ABOUT:
consumer confidence • recession • consumer spending • credit crisis • retail sales • clothing • retail businesses • September

Consumers Squeezed, Spending Stalls

As prices rise, wages fall and unemployment jumps, spending growth has stalled

Oct 3, 08 10:45 AM CDT
(Newser) - The current economic crisis is shaping up to be different than others Americans have weathered in the past 20 years in an important respect, the Washington Post reports: consumer spending, which the nation could always count on to propel the economy through, has stalled. Real spending, the catalyst behind 70%... More »

MORE ABOUT:
Consumer Price Index • consumer confidence • wages • unemployment • consumer spending • GDP • credit crisis

MARKETS

 Stocks Flat on Mixed News 

Convention, vacations mean trading volume stays light

Aug 26, 08 3:26 PM CDT
(Newser) - Stocks were mixed amid mostly poor economic data today, the Wall Street Journal reports. With trading light and much attention focused on the Democrats’ economic plans, the Dow gained 26.62 to close at 11,412.87. The Nasdaq fell 3.62, closing at 2,361.97, while the S&... More »

MORE ABOUT:
Federal Reserve • Dow Jones • Democratic National Convention • consumer confidence • Nasdaq • S&P 500 • oil prices

MARKETS

 Financials Key Big Turnaround 

Surge by BofA, lower oil prices key rally that erases previous day's tumble

Jul 29, 08 3:09 PM CDT
(Newser) - Investors, cheered by Merrill Lynch’s attempt to regain its financial footing, plowed ahead today despite ugly news on housing prices and consumer confidence, the Wall Street Journal reports. The rally helping the major indices recoup yesterday’s losses—and then some. The Dow was up 266.48 to 11,... More »

MORE ABOUT:
stock market • Bank of America • Merrill Lynch • consumer confidence • financial stocks • oil prices

Home Prices Fall Again;
Rate of Decline Sets Record

Consumer confidence numbers offer ray of hope

Jul 29, 08 11:01 AM CDT
(Newser) - Home prices continued to nosedive in May, a signal that the housing crisis may be worsening and a red flag for the credit markets and Wall Street, reports the New York Times. Every region covered by the S&P/Case-Schiller home-price index showed a drop compared to May 2007, with... More »

MORE ABOUT:
housing market • consumer confidence • recession • credit crisis • home prices • Case Shiller price index • housing crisis • subprime crisis • consumer confidence index • home values

MARKETS

 Stocks Dip as Fed Meets  

Fed inaction spurs recovery from bad economic news

Jun 24, 08 3:46 PM CDT
(Newser) - The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P... More »

MORE ABOUT:
stock market • NASDAQ • Federal Reserve • consumer confidence • Marketwatch • S&P 500 • financial stocks • United Parcel Service Inc.

MARKETS

 Oil Surges; 
 Markets Record 
 Weekly Gains 

Consumer confidence hits 28-year low

May 16, 08 3:27 PM CDT
(Newser) - Stocks fell, then climbed back almost to opening levels today to wrap up a generally strong week. Yet another record oil price—almost $128 a barrel—drove early losses, and a report of the lowest consumer-confidence rating in 28 years did not help. The Dow closed down 5.86 at... More »

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oil • housing market • Dow Jones • consumer confidence • Nasdaq • oil price • S&P 500 • consumer confidence index

Economy

Consumer Confidence Hits 26-year Low

Inflation, housing put people in a funk; most call it a recession

Apr 25, 08 10:59 AM CDT
(Newser) - Consumer confidence fell to a 26-year low in April, as the public fretted over inflation and housing, Reuters reports. The index fell to 62.6, surpassing the 63.2 analysts had predicted. Nearly 90% said the economy is in recession. Respondents also said they were unlikely to spend their stimulus... More »

MORE ABOUT:
inflation • economic indicators • consumer confidence • recession • subprime crisis • economy

MARKETS

 Markets Plunge on GE News 

Dow drops 256 points after surprisingly weak earnings report

Apr 11, 08 3:46 PM CDT
(Newser) - The markets went into a tailspin today after GE shares declined 13%—the company's worst performance since the 1987 crash, the Wall Street Journal reports. The Dow fell 256.56 points to close at 12,325.42, the Nasdaq dropped 61.46 points to 2,290.24, and the S&... More »

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Dow Jones • General Electric • consumer confidence • Nasdaq • S&P 500 • first quarter earnings

Consumer Confidence Hits 26-Year Low

Index drops far below expectations on job, economy fears

Apr 11, 08 11:10 AM CDT
(Newser) - Consumer confidence hasn’t been this low since 1982, according to the Reuters/University of Michigan index, which reported a slide to 63.2 from March’s 69.5. That was lower than even the lowest estimates in a Bloomberg analyst poll. “The consumer’s feeling increasingly hemmed in,”... More »

MORE ABOUT:
economic indicators • consumer confidence • recession • job cuts • consumer confidence index • economy

 Home Prices, Consumer  
 Confidence Nosedive  

Housing trouble worsens as recession worries mount

Mar 25, 08 9:58 AM CDT
(Newser) - Home prices plummeted again in January, falling a record 10.7% compared to January 2007, according to the bellwether S&P Case/Shiller Hope Price composite. The March consumer confidence index, also out today, plunged to a 5-year low in yet another indication of recession, Bloomberg reports. The Conference Board measures... More »

MORE ABOUT:
home sales • consumer confidence • housing • recession • home prices • Case Shiller price index • housing crisis

 Wall Street Sneezes;
 Heartland Catches Cold 

Worries about a recession are hitting home with Americans

Mar 21, 08 11:36 AM CDT
(Newser) - The high-profile economic woes plaguing Wall Street and previously hot housing markets are spreading, raising the possibility of the worst recession Americans have faced in years. The New York Times crisscrosses the country, assembling anecdotal evidence—suddenly thrifty brides, unsold construction equipment, sinking earnings at FedEx—that suggests the slowdown... More »

MORE ABOUT:
inflation • home sales • consumer confidence • recession • unemployment • credit crisis • heartland • economy

Consumer Spending Stalls Again

Confidence is falling as inflation rises

Feb 29, 08 12:03 PM CST
(Newser) - Consumer spending rose more than expected in January—but only because prices did so as well, Bloomberg reports. Adjusted for inflation, spending remained flat for the second straight month. With fuel costs rising, banks restricting loans, and property values falling, “consumers are clearly hard-pressed to maintain their standard of... More »

MORE ABOUT:
inflation • Federal Reserve • consumer confidence • recession • consumer spending • US economy • fuel costs • property values

Consumer Sentiment Nosedives

Economic reports continue to fan recession fears

Feb 15, 08 11:10 AM CST
(Newser) - The last time consumers were this pessimistic, the country was in the midst of recession. The consumer confidence index is at a level not seen since February 1992, according to Reuters/University of Michigan numbers out today, and "has only been this low during the recessions of the mid 1970s,... More »

MORE ABOUT:
New York • Federal Reserve • consumer confidence • recession • manufacturing • consumer confidence index

Google's 17% Profit Not Good Enough for Markets

Search giant comes up short of estimates

Jan 31, 08 4:14 PM CST
(Newser) - Google disappointed investors with its after-hours announcement of a 17% rise in net income, signaling to many that credit woes could be hurting Internet use. The climb to $1.21 billion, or $3.79 per share, from $1.03 billion, or $3.29 a share, one year earlier underperformed estimates... More »

MORE ABOUT:
Google • Internet • consumer confidence • advertising budgets • search queries

21 - 40 of 55 Stories | << Prev 1 2 3 Next >>


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