Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

U.S. Consumer Confidence Drops in October
Nov 1, 2007
 Printable format
 Email this Article
 Search

The Conference Board said that its U.S. Consumer Confidence Index fell to 95.6 from a revised 99.5 in September. It was the lowest reading since 85.2 in October 2005.

For retailers, the consumer confidence report, which showed its third monthly decline in a row, heightens worries that the holiday shopping season will be challenging after a disappointing fall. For investors, it raised concerns that consumers' growing wariness was another sign that the economy may be slowing too much. Consumer spending accounts for two-thirds of U.S. economic activity.

In the report, those saying jobs are "hard to get" increased to 22.6% from 22.4%. Those claiming jobs are "plentiful" decreased to 24.1% from 25.6% in September.

The outlook for the labor market was also less optimistic. The percentage of consumers expecting more jobs in the months ahead was unchanged at 13.5, but those anticipating fewer jobs increased to 20.1% from 18.7%.

 

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: CEA: Consumer Sentiment Down in April

Apr 22, 2014: Final Rule Establishes Refrigerator Testing

Apr 22, 2014: A Third of Homes Worldwide Could Have Networks by 2018

Apr 22, 2014: Appliance Category Industrial Output Up 2% in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows