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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (152191)	9/24/2002 10:57:57 AM
From: tejek	Read Replies (2) \| Respond to of 1572947

I hope they run Gore. The one that scares me is Kerry, because he could conceivably win. They have 2 Kerrys (hmmm Karries?). And I think both are kind of scary for different reasons. Kerry of Nebraska is is actually a good guy, and he would have a good chance to win. Kerry of Massachusetts, who has a lower probability to win, IMO, but if he did, he would be a scary president. Joe, the Democrats keep hoping that Bush will run again; and continue to do the wonderful job he's done with the economy. Can't wait for 2004.....less than two years and counting! ted

To: Joe NYC who wrote (152191)	9/24/2002 11:46:55 AM
From: tejek	Respond to of 1572947

Like father, like son _______________________________________________________ September 24, 2002 Consumer Confidence Falls Again By THE ASSOCIATED PRESS Filed at 11:18 a.m. ET NEW YORK (AP) -- Consumer confidence fell for the fourth consecutive month in September, slipping to its lowest level since November, a private research group reported Tuesday. The New York-based Conference Board said its Consumer Confidence Index fell to 93.3 from a revised 94.5 in August. Analysts had been expecting a reading of 92.4. Advertisement The industry group's index, based on a monthly survey of some 5,000 U.S. households, is closely watched because confidence fuels consumer spending, which accounts for about two-thirds of the nation's economic activity. The September reading signals conflicting emotions among consumers, said Lynn Franco, director of The Conference Board's Consumer Research Center. ``Weak labor market conditions continue to erode confidence,'' Franco said. ``But while consumers are not as positive about current business conditions, they are more optimistic about the outlook than last month. Historically, this trend is prevalent during a recovery.'' The index compares results to its base year, 1985, when it stood at 100. Stocks were mixed following release of the report. The Dow Jones industrial average was down 88.24 to 7,783.91 in morning trading and Standard & Poor's fell 6.81 to 826.89. But the Nasdaq rose 4.95 to 1,189.88. In the past month, consumers have become more divided in their assessments of the present economic situation, but more optimistic about prospects for upcoming months, the Conference Board said. Economists said pessimism about the present is probably a sign consumers are worried not just about jobs, but about the political and military tension over a possible war with Iraq. They said the report hints at the chances for a rebound by consumers, but raises questions about their willingness to continue spending. ``Consumers will continue to keep this economic ship afloat, but this pace of consumer spending on autos and housing cannot be maintained,'' said Sung Won Sohn, an economist with Wells Fargo & Co. in Minneapolis. ``The economic stool is still wobbling.'' The board's Present Situation Index, which measures consumer sentiment about the business conditions at the moment, declined to 88.5 from 93.1. But its Expectations Index, gauging feelings about the future, rose to 96.5 form 95.5. Even the numbers behind those numbers were mixed. For example, when asked about current conditions, the number rating business conditions as good rose from 16.7 percent to 18.2 percent. But that was countered by those who saw conditions as bad, which rose from 21.8 percent to 23.3 percent. Fewer consumers say they expect the economy to improve in the next six months, with the number falling to 21.5 percent from 22.2 percent last month. At the same time, the number expecting conditions to worsen also fell slightly, to 9.6 percent from 10 percent last month. The number of consumers who say they plan major purchases in coming months also declined, with the number of prospective homebuyers falling from 4.5 percent to 3.3 percent and those planning auto purchases down to 6.8 percent from 7.4 percent. While the overall index fell, it was the smallest monthly decline since the downward trend began in June and was less than analysts had been expecting.