Drop in Consumer Confidence Unexpectedly Steep in August
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onsumers&#39; renewed worries about job prospects led to a bigger-than-expected drop in confidence in August and provided more evidence of the fragility of the economic expansion.
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Consumer confidence weakened in August as volatile financial markets and housing problems took a toll, a private research group said Tuesday.
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US consumer confidence edged lower again in September after falling in August, as persistent worries about the job market weighed on sentiment, a report on Tuesday said.
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New orders for U.S.-made durable  goods fell unexpectedly in August and mortgage applications  declined last week in spite of dropping interest rates, reports  pointing to economic weakness showed on Wednesday.
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Shoppers are wary about High Street spending despite August's better weather, the latest retail sales figures show.
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Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.
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A gauge of future business activity fell in August, indicating company managers and US consumers remain uncertain about the economy.
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U.S. consumer confidence edged lower  again in September after falling in August, as persistent  worries about the job market weighed on sentiment, a report on  Tuesday said.
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U.S. consumer confidence retreated in August while Chicago-area business activity slowed, according to reports on Tuesday that added to worries the economy's patch of slow growth may last beyond the summer.
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A closely watched gauge of future business activity fell in August for a third consecutive month, evidence that companies and consumers continue to navigate an uncertain economic climate.
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UK manufacturing output suffered a surprise fall in August, prompting concerns over that the sector's recovery may be on the wane.
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Consumers' renewed worries about job prospects led to a bigger-than-expected drop in confidence in August and provided more evidence of the fragility of the economic expansion.
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Investor confidence in the economy deteriorated in August to its lowest level in a year, as the growing housing turmoil compounded worries over high energy prices, a survey showed on Monday.
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A string of government reports on  Thursday offered a mixed picture of the U.S. economy while  unexpectedly poor August sales at many major U.S. retailers  fanned fears about consumer spending.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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A sluggish job market and rising oil prices have dampened the public&#39;s mood this month, pushing consumer confidence to its lowest point since March.
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Consumer confidence dropped to its lowest levels since midsummer amid worries about high energy prices, uncertainty about the labor market and anxiety about making major purchases like a car or a home.