Consumer Confidence Dips on Prices, Jobs
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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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New home sales in May fell more than expected while consumer confidence in June hit a 10-month low amid worries about jobs and the business climate, adding to signs of sluggish economic growth this year.
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Washington - US consumers&#39; confidence skidded for a third consecutive month in October as they fretted over jobs, a Conference Board survey showed yesterday.
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Worries over deteriorating business conditions and a weakening job market pushed the Consumer Confidence Index lower, a business research group said.
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NEW YORK -- Consumer confidence fell more than expected in June as shoppers fretted about jobs, a private research group said Tuesday.
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NEW YORK, October 27  - US consumer confidence has declined to a seven-month low this month on persisting job concerns, according to the Conference Board.
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Consumer confidence deteriorated in  August to its lowest in a year on concerns about a softening  labor market and market turmoil stemming from the subprime  mortgage crisis, a business research group said on Tuesday.
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Confidence among US consumers has fallen to a 16-year low, a closely watched survey claims.
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Consumers were feeling confident in January: The job market was chugging along and oil prices were down. Their optimism may dwindle, however, on concerns that job and wage growth may slow.
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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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WASHINGTON - Consumer prices fell by 0.1 percent in July as gasoline prices dropped while output at factories and housing construction posted healthy rebounds, offering hope the economy has escaped this summer's "soft patch."   The Labor Department said Tuesday that the decline in its closely watched Consumer Price Index was the first decrease since a 0.2 percent drop last November. The CPI had been up 0.3 percent in June and an even sharper 0.6 percent in May, reflecting big jumps in energy costs...
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Consumer confidence fell sharply in both Massachusetts and the nation in October, weighed down by concerns about jobs, rising energy costs, and the strength of the economic recovery.
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Consumer confidence weakened in August as volatile financial markets and housing problems took a toll, a private research group said.
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Continuing job worries drove consumer confidence lower in October for the third consecutive month, a New York-based private research group said Tuesday. The decline was steeper than expected.
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U.S. consumer confidence fell in May,  weighed down by concerns over rising gasoline prices and  diminished optimism about short-term economic conditions, a  survey showed on Tuesday.
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Consumer confidence fell sharply in January on worries over deteriorating business conditions and a weakening job market, a business research group said Tuesday.
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WASHINGTON -- Confidence among consumers fell last month from a two-year high as fuel prices rose and employment weakened, a private report showed yesterday.