Blog entries tagged with "consumer"
ECONOMIC RECOVERY SEEMS BLEAK AS CONSUMER CONFIDENCE FALLS
By Allison Stouch on September 29, 2009 - Comments(0)
Economists predicted consumer confidence to rise in September, yet recently released figures show that consumer confidence unexpectedly fell this past month. American’s remain worried about the job market, causing them to stay focused on limiting spending, buying only necessities and hunting for discounts. This unpredicted drop in consumer confidence ...
Continue reading "Economic Recovery Seems Bleak as Consumer Confidence Falls"BROTHER, CAN YOU SPARE A DIME? I NEED TO GET THE NEW IPOD.
By Iman Sorat on September 09, 2009 - Comments(0)
One common theme in the stories about the current recession is that people were living beyond their means. Individuals used their homes as ATM machines and accumulated tens of thousands in debt to fuel their unbridled consumerism. Banks practiced equally risky behavior in investing in new high-leveraged investment devices that ...
Continue reading "Brother, can you spare a dime? I need to get the new ipod. "