Consumer Confidence Dip Is Bad Holiday Omen

Consumer confidence dip is bad holiday omen

A key measure of consumer confidence fell in September, after a gain in the previous month, raising concerns about retail sales in the upcoming holiday season, a research group said Tuesday.

Sections:  news   business   
RELATED ARTICLES
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Sears Didn't Move Fast Enough, CEO Says
    Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
  • J.C. Penney ad apologizes to customersJ.C. Penney ad apologizes to customers
    The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
  • Discover Pushes PayPal Payments; First Data Holds Out
    Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
  • Big brands rejected Bangladesh factory safety planBig brands rejected Bangladesh factory safety plan
    As Bangladesh reels from the deaths of hundreds of garment workers in a building collapse, the refusal of global retailers to pay for strict nationwide factory inspections is bringing renewed scrutiny to an industry that has profited from a country notorious for its hazardous workplaces and subsistence-level wages. More
BING NEWS:
  • XLY: Profiting From The Upcoming Christmas Spending Surge
    The outlook for business is slightly mixed when there are more respondents (24.2% to 24.5%) who say conditions are "good" and also more respondents (21.2% to 21.7%) who say conditions are bad. This increase in business confidence has translated to a ...
    11/14/2014 - 5:37 pm | View Link
  • Paying Off Credit Debt Is Bad? Consumer Sentiment Makes It Look That Way
    According to the University of Michigan's benchmark consumer sentiment index for April, confidence in the economy fell to 81.8 from an 84.1 ranking in March. Economists had expected a climb to 84.7 for April, so the dip signals that consumers aren't buying ...
    05/19/2014 - 4:00 am | View Link
  • Chart of the Day: Consumer Confidence Drops to Early 2009 Level
    The Conference Board reports today that its Consumer Confidence Index has dropped to 39.8 -- the lowest reading since sentiment was at its worst in early 2009. This isn't good news for retailers as the holiday shopping ... then a double dip will be hard ...
    10/25/2011 - 10:51 am | View Link
  • Chart of the Day: Consumer Confidence Drops to Early 2009 Level
    The Conference Board reports today that its Consumer Confidence Index has dropped to 39.8 -- the lowest reading since sentiment was at its worst in early 2009. This isn't good news for retailers as the holiday shopping ... then a double dip will be hard ...
    10/25/2011 - 3:32 am | View Link
  • Rising consumer confidence lifts stocks
    giving a lift to the closely watched measure of consumer confidence. "That's what a 25-cent drop in gas prices will do," David Ader, bond strategist at CRT Capital Group, wrote in an email to clients. That dip isn't accounted for in the latest consumer ...
    05/26/2011 - 2:02 pm | View Link
  • More
BING SEARCH:
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    04/29/2016 - 5:35 pm | View Website
  • Investor Center – News and Advice from DailyFinance
    by Reuters Dec 4th 2015 4:59PM. Stocks jumped more than 2 percent Friday as U.S. job data suggested the economy was strong enough to sustain a Federal Reserve rate ...
    04/29/2016 - 4:37 pm | View Website
  • Wires
    14 Mins Ago. BROOKLYN PARK, Minn. _ Clearfield Inc. on Thursday reported fiscal second-quarter profit of $1.4 million. On a per-share basis, the Brooklyn Park ...
    04/29/2016 - 11:22 am | View Website
  • Consumer drowning sorrows at the bar
    15th January 2016 at 11:10 am. bb says: All you pissing and moaning about how bad things are but wake up my little children and smell the roses. Diesel fuel ...
    04/29/2016 - 10:18 am | View Website
  • Markets Live: ASX falls into bear market
    No new comments. The market's at it's lowest point in 2 1/2 years which is precisely how long we've had the Turnbull/Abbott government. There's never been a more ...
    04/29/2016 - 4:49 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News