SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (300464)12/28/2010 11:06:32 AM
From: DebtBombRead Replies (2) | Respond to of 306849
 
Heres' the WEASEL word again: Consumer confidence "unexpectedly" falls in December

"What? no confidence in ben?" LOL

A woman carries shopping bags along a sidewalk in New York City, December 6, 2010. REUTERS/Mike Segar
On Tuesday December 28, 2010, 10:29 am
NEW YORK (Reuters) - Consumer confidence unexpectedly deteriorated in December, hurt by increasing worries about the jobs market, according to a private report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes slipped to 52.5 in December from an upwardly revised 54.3 in November.

The median of forecasts from analysts polled by Reuters was for a reading of 56.0.

The expectations index declined to 71.9 in December from 73.6 in November.

The present situation index fell to 23.5 from 25.4.

Consumers' labor market assessment worsened. The "jobs hard to get" index rose to 46.8 percent in December from 46.3 percent last month, while the "jobs plentiful" index dropped to 3.9 percent from 4.3 percent.

(Reporting by Wanfeng Zhou; Editing by Chizu Nomiyama)

finance.yahoo.com