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Tag Archives: consumer confidence

Economy ends tough 2011 on a surprising upswing

WASHINGTON — The economy is ending 2011 on a roll. The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed housing industry may be under way. Gas is cheaper. Factories are busier. Stocks ...

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Maryland home builders expect another sluggish year in ’12

Maryland home builders expect a sluggish 2012 as joblessness and low consumer confidence have delayed a housing market recovery until at least 2013, according to experts at a forecast event held by the Home Builders Association of Maryland. “We’ve had ...

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Unemployment aid applications drop to 9-month low

WASHINGTON — A steady decline in the number of Americans applying for weekly unemployment benefits is the latest signal that the U.S. economy has strengthened and businesses may be poised to step up hiring. Applications fell last week fell to ...

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Consumers borrow more in Oct. as economy improves

WASHINGTON — Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit cards. The second straight monthly gain in overall borrowing suggests consumers are growing more confident ...

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2012 mortgage delinquencies seen dropping sharply

NEW YORK  — If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates — ...

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Fed says growth moderate, hiring weak

WASHINGTON — The economy expanded at a slow to moderate pace over the past two months in most areas of the country, but overall hiring was weak, according to a Federal Reserve survey released Wednesday. Modest improvement in all but ...

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Stocks fall as hopes for Europe debt deal falter

NEW YORK — Stocks are falling in midday trading following poor corporate earnings and reports that a key meeting between finance ministers in Europe has been cancelled. Manufacturing leader 3M cut its 2011 earnings forecast, and U.S. Steel warned that ...

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Consumer confidence at lowest since recession

NEW YORK — Americans say they feel worse about the economy than they have since the depths of the Great Recession. Consumer confidence fell in October to the lowest since March 2009, a research group said Tuesday — an ominous ...

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Consumer confidence essentially unchanged

NEW YORK — Consumers’ confidence in the economy remained weak in September after dropping to a post-recession low in the month before as Americans continued to worry about high unemployment and low wages. People were spooked last month over a ...

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