Survey shows consumer confidence slips in December

[defendandprotect]

Survey shows consumer confidence slips in December

By ANNE D'INNOCENZIO, AP Retail Writer Anne D'innocenzio, Ap Retail Writer – 19 mins ago
Consumer confidence slipped this month as more people worried that the job market is worsening.

The latest survey from Conference Board showed a decline even after reports are showing that people increased their holiday spending at the biggest rate in four years and other indicators suggest the economy is brightening.

The private research group said Tuesday its Consumer Confidence Index fell to 52.5 in December, down from a revised 54.3 in November. Economists were expecting 55.8. The decline reverses two consecutive months of increases. It takes a reading of 90 to indicate a healthy economy, a level not approached since the recession began in 2007.

People are less confident even though layoffs are slowing, businesses are buying more goods, and consumers are spending more money. Economists have raised their growth forecasts for the final months of the year and 2011.

http://news.yahoo.com/s/ap/20101228/ap_on_re_us/us_economy




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Home prices are still declining --

Unemployment increased in November from 9.6% to 9.8% --

[emulatorloo]

1. In my state, we have a surplus and unemployment is 6%. You wouldn't know that from the COC attack

ads. Our democratic governor was defeated with lies and attack ads that suggested he had driven the state into bankruptcy and was corrupt. Even though our budget was balanced and we have a budget surplus.

[defendandprotect]

3. Are you voting on computers?

[emulatorloo]

5. Paper ballots, computer tabulator

[xchrom]

2. recommend

[spanone]

4. i don't believe any index or private research group...all are suspect imo

just cause i'm paranoid doesn't mean they aren't fucking with us