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Thread: Consumer Confidence In U.S. Declines By Most Since October

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    Consumer Confidence In U.S. Declines By Most Since October

    'Confidence among U.S. consumers fell in August by the most in 10 months as households grew more pessimistic about their employment prospects and the economic outlook.'

    Consumer Confidence in U.S. Declines by Most Since October - Bloomberg

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    Re: Consumer Confidence In U.S. Declines By Most Since October

    Loss of consumer confidence in an economy driven 60-70% by consumer spending?

    Not good.

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    Re: Consumer Confidence In U.S. Declines By Most Since October

    Yup, with the trickling up of gas prices, flat economic indicators, not looking good at all. I'm starting to get that feeling I had this time in 08. Market is clearly due for a correction.

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    Re: Consumer Confidence In U.S. Declines By Most Since October

    The conservatives are so happy!!

    This is probably a result of the tens of millions of dollars Republicans are spending on ads shouting about how horrible things are in America.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: Consumer Confidence In U.S. Declines By Most Since October

    Have no fear everything will start to change after the election no matter who is elected...all the corps and rich that are holding everything back will release it after the election even if obama wins...they wont limit their profit a minute longer after the election.

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