US consumer mood at 28-year low
freerepublic.com     May 17, 2008            

US consumer confidence has hit the lowest levels since the early 1980s, according to a closely-watched survey. The University of Michigan's index of confidence fell to 59.5 in May, from 63.2 in April - the weakest showing since June 1980. Short-term inflation expectations also rose, heightening... [read full story]                

Add a comment to the article
Type the code shown

View all news articles about:

- Related Topics

View other selected articles:

                   

Scottish Widows 2008 Pensions Index Reveals Fear is Driving Nation to Save

prweb.com     1 hr ago          

The Scottish Widows Pensions Report, now in its fourth year has revealed that almost half the nation (49%) is still not saving adequately, and while figures are slightly up on previous years, this is mainly due to an increase...                

comments

                   

Quarterly: Houston not immune to U.S. economic woes

chron.com     3 hrs ago   1 related          

Credit markets tightened, housing sales slowed, gasoline prices rose and job growth pulled back. But the booming energy sector helped get the Houston area through the second quarter. So what can Houston expect for the rest of...                

comments

                   

RON DZWONKOWSKI: Gloom-and-doom worry may drive economy down even further

freep.com     6 hrs ago          

Since consumer spending drives about 70% of the American economy, the depth of the current downturn will probably depend on personal income and confidence -- in continued employment, the availability of credit, housing values...                

comments

                   

Pakistanis go hungry as economic troubles bite (AFP)

yahoo.com     5 hrs ago   89 related          

by Danny Kemp 16 minutes ago ISLAMABAD (AFP) - Until this year Fakharuz Zaman's Pakistani government salary was enough to get by on but now his weary wife lets their two-year-old son scrabble in the dirt for pieces of mouldy...                

comments