NEW YORK (AP) -- With the holiday shopping season about to start, consumer confidence is hovering near the lowest it's been since President Bush's father was commander in chief. It may dip further as Americans open their 401(k) statements and see how much they've lost in the last few weeks.
The Conference Board said Tuesday that its Consumer Confidence Index is now at 59.8. That's up slightly from a revised 58.5 in August and higher than analysts expected.
NEW YORK (AP) -- With the holiday shopping season about to start, consumer confidence is hovering near the lowest it's been since President Bush's father was commander in chief. It may dip further as Americans open their 401(k) statements and see how much they've lost in the last few weeks.
The Conference Board said Tuesday that its Consumer Confidence Index is now at 59.8. That's up slightly from a revised 58.5 in August and higher than analysts expected.
Every time they say that!
I know Elf! It's a yearly ploy I tell ya!
As far as holiday sales go...
I don't know about your town, but here, on Black Friday (day after
Thanksgiving) you can't MOVE. Traffic's atrocious, and the malls
are full.
You can't convince me that people are not buying stuff....So....
If I hear one more thing about slumping holiday sales....
I think it's possible that this spoiled, Playstation, no workin', entitled, weak ass generation will wake up to the horror soon. You don't know death until it happens to someone you love. It seems that people born about 10 years after myself (not all, but most) don't realize what opening the fridge to find nothing but ketchup is like. Kids screaming at their parents that they have to have this or that or they will die should do just that.
Shouldn't we tighten up and be reminded what it was like in the past? Rally 'round the family and save your chips for the electric bill.