Home sales, consumer confidence fall sharply
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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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Stocks fell on Thursday as signs of   housing-market weakness and worries about the outlook for   interest rates made investors uneasy about prospects for   consumer spending and corporate profits.
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Concern about the US housing market returns as a key survey shows sales have fallen to a near five-year low.
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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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U.S. consumer sentiment fell more  sharply in early October than analysts had expected, according  to a survey released on Friday.
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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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The housing market took a sharp turn  for the worse in September as prices tumbled and sales of  previously owned homes fell to a record low, battered by rising  foreclosures and tighter lending standards.
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US consumer confidence fell sharply in August, breaking four straight months of gains, as a slowdown in job growth creation and rising oil prices weighed on sentiment.
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The number of U.S homeowners that thought their homes increased in value has dropped sharply over the last two and a half years, according to a Reuters/University of Michigan survey published on Friday.
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WASHINGTON -- Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.
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Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
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U.S. consumer confidence fell sharply in August, breaking four straight months of gains, as a slowdown in job creation and rising oil prices weighed on sentiment.
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Existing home sales will fall further and prices will drop more sharply in 2007 than earlier expected, a leading real estate trade association predicted on Tuesday.
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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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The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.
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Sales of new U.S. homes were unexpectedly weak last month, although they climbed off an 11-year low, and orders for long-lasting goods fell, according to data Thursday that underscored the economy's weakness.
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Sales of new U.S. homes tumbled at  the sharpest rate in more than a decade in November, the  government said on Thursday, but a separate report showed  consumers' mood still buoyant near the end of 2004.