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Tag Archives: consumer confidence

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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Experts downbeat on global economy

CERNOBBIO, Italy — Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous cocktail of sluggish growth, eurozone dysfunction, and financial market volatility. ...

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Consumers gloomy but their spending says otherwise

WASHINGTON — Economists have advice for anyone worried that consumers are too fearful to keep spending: Look at what they’re doing, not what they’re saying. A survey of consumer confidence shows that Americans were spooked early this month by the ...

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Dollar rises against euro ahead of Fed minutes

NEW YORK — The dollar is rising against the euro ahead of minutes to be released from the Federal Reserve’s latest meeting. The minutes, or meeting protocols, could offer some insight into the Federal Reserve’s outlook for the U.S. economy, ...

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Retailers report solid sales gains for July

NEW YORK — Many U.S. retailers posted solid sales in July as deep discounts and sweltering heat drove shoppers to air conditioned malls. But analysts worry that momentum won’t continue through the back-to-school shopping season. Despite a flow of bad ...

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