Data Shows Struggling Manufacturers, Costly Imports and Gloomier Consumers
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A closely watched measure of consumer confidence, the Reuters/University of Michigan survey, fell to 69.6 in February, the lowest reading since February 1992.
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U.S. factory orders suffered the steepest drop in six years last month and an index of homes sales fell, according to data on Tuesday highlighting weak spots in the economy that could derail its recovery.
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NEW YORK -- A pair of indicators offered a mixed picture of the economy yesterday as growth slowed among US manufacturers while commercial construction showed surprising resilience.
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For manufacturers, chasing short-term profit can erode long-term value.
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If you believe magazines are leading indicators of where the economy is heading, things are not looking good.
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Business & money: Fears grow of market turbulence stunting global growth.
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Confidence among UK manufacturers has slipped in the face of slowing demand and higher costs, a survey has said. The CBI said the sector was facing &quot;clear threats&quot;, with profit margins under pressure from
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New orders for long-lasting U.S.-made manufactured goods tumbled sharply in May, the government said on Wednesday, raising doubts about the strength of the factory sector and business expansion plans.
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NEW YORK, Feb. 7 -- The nation's retailers delivered more evidence of a stumbling economy Thursday, as merchants reported their weakest January performance in nearly four decades.
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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 major U.S. retailers fanned  fears about consumer spending.
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Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday shopping season, if the labor market contracts further and chokes off spending, economic data showed Tuesday.
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Both conservative and liberal consumers are looking harder for goods made or grown in the United States.
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The anemic U.S. housing market has hurt various industries from makers of air conditioners to earth movers, with several manufacturers reporting their top lines have been bruised by the slowdown.
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The nation's retailers delivered more evidence of a stumbling economy Thursday, as merchants including Wal-Mart Stores Inc. reported weak January results, extending a malaise that has deepened since the holiday shopping season.
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The U.S. economy may be in recession,  based on Midwest manufacturing data, a report said on Thursday.
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Rising energy and employee health-care  costs, as well as high taxes, caused U.S. manufacturers to fall  further behind their foreign rivals in terms of economic  competitiveness, according to a study released on Wednesday.
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Electronics makers considering the  strain on the U.S. economy are hoping consumers will cut other  expenses first, but many see some worrying signs ahead.