consumer confidence

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Turbulence: Consumer confidence drops to 2-year low. Home prices drop the sharpest they’ve ever dropped. Stocks fall 10%.

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Good work consumers, you spent $10.3 billion on Black Friday – an 8.3% increase from last year. Degree-holding pessimists forecast that sales would rise only 4 to 5 percent. [AP]

Consumer Confidence At 2 Year Low, Again

Consumer Confidence At 2 Year Low, Again

Another consumer confidence index has plummeted to its lowest post-Katrina level, and retailers are crying in dark corners of their bedrooms, waiting for the inevitable disastrous holiday season.

Fed Chair Warns Congress of Economic Slowdown, Continuing Mortgage Crisis

Fed Chair Warns Congress of Economic Slowdown, Continuing Mortgage Crisis

Federal Reserve Chairman Ben Bernanke isn’t feeling too optimistic about the economy these days, according to NPR. He warned Congress today of an coming economic slowdown tied to the subprime meltdown, the surge in energy prices, and oh yeah, did we mention the subprime meltdown?

Perk Up: Consumer Confidence Falls To Two Year Low

Perk Up: Consumer Confidence Falls To Two Year Low

Hey there, camper! Why the long face? Bloomberg is reporting that consumer confidence is at a two year low. Does someone need a hug?

Retail Panic: Will This Be The Worst Holiday Season Ever?

Retail Panic: Will This Be The Worst Holiday Season Ever?

Analysts aren’t pleased with Lowe’s and Target’s latest news.

Consumer Confidence, Home Prices Take A Nosedive

Consumer Confidence, Home Prices Take A Nosedive

It was only a few short weeks ago that the media was reporting a new 6 year high in consumer confidence. We wanted to buy tacos. And jetskis. And footballs.

Consumer Confidence At 6 Year High, Do You Feel Confident?

Consumer Confidence At 6 Year High, Do You Feel Confident?

Feeling good? Consumer confidence took a huge jump this month, hitting a 6 year high! Woohoo! Let’s buy tacos and jetskis and footballs!

Why So Sad? Consumer Confidence Is Down

Why So Sad? Consumer Confidence Is Down

The Conference Board, based in New York, said that the consumer confidence index fell almost five points, to 103.9, from a revised 108.5 in May, reaching the lowest level since August 2006, when the reading was 100.2. Analysts had expected a reading of 106.

The News: Hungover, Hating Self, World

The News: Hungover, Hating Self, World

• CMP Media trying to >prevent anyone from using the term Web 2.0. God, at least somebody is. [NYT]

Consumers Are Manic Depressive

Consumers Are Manic Depressive

Unable to decide whether the economy is good or bad, the Chicago Tribune settles for a resounding, “Yes.”