New home sales, consumer confidence fall
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U.S. new home sales fell in May while consumer confidence hit a 10-month low in June on worries about jobs and the business climate, adding to signs of sluggish economic growth.
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U.S. consumer confidence sank in  August while Chicago-area business activity slowed, according  to reports on Tuesday that added to worries the economy's patch  of sluggish growth may last beyond the summer.
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Not even a World Series win helped. New England's outlook turned decidedly gloomy over the last year as consumer confidence plunged farther than any other part of the country, according to data released today. The Conference Board, a nonprofit economic research group in New York, said its index of consumer confidence for New England dove to 77.9 in November, down ...
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WASHINGTON -- Consumer confidence tumbled to its lowest point in nearly 1 1/2 years as a deep housing slump and a credit crunch made people more worried about the country's economic health as well as their own.
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The bigger-than-expected decline in existing home sales came amid continuing turmoil in mortgage markets.
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WASHINGTON - New home sales plunged in November, but analysts say that a variety of economic reports released Thursday overall paint a positive picture.
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U.S. consumers' appetite for home  refinancing and purchasing dropped last week even though  mortgage rates declined, an industry group said on Wednesday.
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Sales of new U.S. homes fell more  than expected in June to a seasonally adjusted annual 1.131  million rate and the median home price fell for the second  month in a row the government reported on Thursday, as the U.S.  housing market showed more signs of cooling.
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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.
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U.S. new home sales fell a  steeper-than-expected 9 percent in November, but business  activity elsewhere perked up this month, according to reports  on Friday that showed pockets of strength in the economy  despite a housing sector meltdown.
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Market turbulence and problems in the housing market hit consumer confidence in the US in August, a survey says.
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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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U.S. new home sales fell more than  expected in July to the their lowest pace since December, as  higher mortgage rates cooled the housing market, a government  report showed on Wednesday.
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Sales of new single-family U.S. homes fell 8.3 percent in August to a 795,000 annual sales pace, its slowest rate in over seven years, while the inventory of homes dropped, a Commerce Department report showed on Thursday.
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Consumer confidence fell more sharply  than expected in September while the pace of existing home  sales slowed in August, according to reports released on  Tuesday that supported the view that the Federal Reserve would  soon cut benchmark interest rates again.
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Sales of new homes unexpectedly plunged in November at the sharpest rate in more than a decade, falling 12 percent to the weakest annual rate since July, the Commerce Department said on Thursday.
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Sales of existing U.S. homes slipped  in May, another sign of a gradually cooling housing market as  mortgage rates rise, while consumer confidence rose slightly in  June, according to reports on Tuesday.