[Business Wire] – RIVERWOODS, Ill.—-More consumers feel the economy is getting better, but the number of consumers rating their personal finances as poor reached a six-month high in August according to the Discover U.S.
Visit link:
Discover® U.S. Spending MonitorSM Flat in August
Americans calmed their nerves about the economy slightly in August, as a key measure of consumer morale made a surprising turn higher. The Consumer Confidence Index rose to 53.5 in August, from July’s upwardly revised level of 51.0, the Conference Board, a New York-based research group that compiles the index, said Tuesday.
See the original post here:
Consumer confidence rises in August
Americans calmed their nerves about the economy slightly in August, as a key measure of consumer morale made a surprising turn higher.
Continued here:
Consumer confidence rises
Consumer spending rose in July, but Americans remain wary about the future of the economy. Personal spending rose by $44.1 billion last month, or 0.4%, after falling less than 0.1% in June.
More here:
Consumer spending picks up
RIVERWOODS, Ill.—-Small business owners’ confidence in the economy soured significantly from July to August in the largest one-month decline since November 2009, according to the Discover® Small Business WatchSM.
Excerpt from:
Discover® Small Business WatchSM: Small Business Confidence Plummets (Business Wire)
If you needed any more proof that the economy is slowing down, look no further than how well McDonald’s stock is doing.
Here is the original post:
Big Mac attack: McDonald’s stock sizzles
In another ominous sign for the economy, the number of people falling behind on their mortgages for the first time is on the rise.
View post:
Housing’s new nightmare
Treasury yields were mixed Friday, hovering near yearly lows hit earlier in the week, as stocks slipped and investors remained jittery about the economy.
Read the rest here:
Treasury yields end rough week mixed
It’s been a dismal week for the economy all around, with an abundance of gloomy data pummeling recovery hopes. The oil market felt the brunt of the blows
Visit link:
‘Historically bad week’ for oil
The Congressional Budget Office on Thursday offered economic projections that will inform lawmakers tackling one of the most controversial issues they face: how to balance the need to help the economy and curb U.S. debt.
See the original post here:
CBO offers mixed take on tax cuts, stimulus