Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (172771)	7/29/2003 10:18:46 AM
From: tejek	Read Replies (1) of 1576346

Consumer Confidence Falls NEW YORK (July 29) - Consumers, nervous about rising unemployment, lost confidence in their economic prospects in July, resulting in a sharp, unexpected drop in sentiment, according to the latest Conference Board survey. The Consumer Confidence Index fell to 76.6 in July, a seven-point drop from 83.5 in June, the New York-based business industry group said Tuesday. Analysts had expected a 1.5 percentage point increase. ''The rising level of unemployment and sentiment that a turnaround in labor market conditions is not around the corner have contributed to deflating consumers' spirits this month,'' said Lynn Franco, director of The Conference Board's Consumer Research Center. ''Expectations are likely to remain weak until the job market becomes more favorable.'' Economists closely monitor consumer confidence because consumers spending makes up for two-thirds of all economic activity in the United States and has been a key element in keeping the struggling economy afloat. AP-NY-07-29-03 1008EDT Copyright 2003 The Associated Press.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next