28 December 2010
Economics Update
It was a mixed day, with the Conference Board's Consumer Confidence index falling in December on job worries, it was well below forecast, and the Case-Shiller home prices fell for the 4th straight month in October.
On the plus side, actual consumer spending actually rose.
So, I guess the consumer felt depressed, and went shopping to cheer themselves up.
On the plus side, actual consumer spending actually rose.
So, I guess the consumer felt depressed, and went shopping to cheer themselves up.
Labels:
Business
,
Economy
,
employment
,
Real Estate
,
Recession
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