Tag Archives: confidence
Americans’ confidence in the economy in November bounced back to its highest level since July, the latest sign that consumers are beginning to feel more cheerful about spending during the holiday shopping season. Read More
Americans are putting more money on their credit cards after more than two years of cutting back, a sign that they are gaining confidence in the economy.
The first increase in credit-card debt since the financial crisis hit helped to boost overall consumer borrowing 3 percent in December, to a seasonally adjusted annual rate of $2.41 trillion, the Federal Reserve said Monday, February 7. It was the third straight monthly gain. Read More
Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent… Read More
So much for optimism. A dramatic drop in consumer confidence sent stocks plunging Tuesday, June 29, and left a key index at its lowest level of the year, heightening fears that the economic recovery is stalling.
RETIRE? ARE YOU KIDDING? A new survey released Tuesday, March 9, by the Employee Benefit Research Institute shows the percentage of workers who say they’ve saved for retirement slid to 69 percent in January, down from 75 percent in 2009.