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Posted by Burled Frau on February 23, 2010, 7:11 pm
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Consumer Confidence Falls to 10-Month Low in February
Published: Tuesday, 23 Feb 2010 | 10:03 AM ET
By: Reuters
U.S. consumer confidence fell in February to the lowest in 10 months, as
consumers' short-term outlook for the jobs market worsened, according to a
private report released Tuesday.
The Conference Board, an industry group, said its index of consumer
attitudes fell to 46.0 in February from a revised 56.5 in the prior month.
February's reading is the lowest since April 2009.
The median of forecasts from analysts polled by Reuters as for a February
reading of 55.0. The expectations index fell to 63.8 from 77.3. The present
situation index dropped to 19.4 from 25.2 in January, the worst since
February 1983.
"Concerns about current business conditions and the job market pushed the
Present Situation Index down to its lowest level in 27 years," said Lynn
Franco, director of The Conference Board Consumer Research Center.
"Consumers also remain extremely pessimistic about their income prospects,"
Franco added.
Consumers' labor market assessment worsened. The "jobs hard to get" index
rose to 47.7 percent from 46.5 percent, while the "jobs plentiful" index
fell to 3.6 percent in February from 4.4 percent in January.
http://www.cnbc.com/id/35538824
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Posted by Buerste on February 23, 2010, 11:13 pm
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> Consumer Confidence Falls to 10-Month Low in February
>
> Published: Tuesday, 23 Feb 2010 | 10:03 AM ET
> By: Reuters
>
> U.S. consumer confidence fell in February to the lowest in 10 months, as
> consumers' short-term outlook for the jobs market worsened, according to a
> private report released Tuesday.
>
> The Conference Board, an industry group, said its index of consumer
> attitudes fell to 46.0 in February from a revised 56.5 in the prior month.
> February's reading is the lowest since April 2009.
>
> The median of forecasts from analysts polled by Reuters as for a February
> reading of 55.0. The expectations index fell to 63.8 from 77.3. The
> present situation index dropped to 19.4 from 25.2 in January, the worst
> since February 1983.
>
> "Concerns about current business conditions and the job market pushed the
> Present Situation Index down to its lowest level in 27 years," said Lynn
> Franco, director of The Conference Board Consumer Research Center.
>
> "Consumers also remain extremely pessimistic about their income
> prospects," Franco added.
>
> Consumers' labor market assessment worsened. The "jobs hard to get" index
> rose to 47.7 percent from 46.5 percent, while the "jobs plentiful" index
> fell to 3.6 percent in February from 4.4 percent in January.
>
> http://www.cnbc.com/id/35538824
What do consumers know? But now that we have Healthcare, jobs and
Cap-N-Trade on track, everything will be rosy any day now, thanks to the
great American patriots, the Democrats!
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Posted by cavelamb on February 24, 2010, 12:06 am
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For what it's worth...
On Tuesday, the Senate health committee voted 12-11 in favor of a
two-page amendment that would require all Members and their staffs to
enroll in any new government-run health plan..
It took me less than a minute to sign up to require our congressmen
and senators to drink at the same trough!
Three cheers for Congressman John Fleming of Louisiana !
Congressman John Fleming ( Louisiana physician) has proposed an
amendment that would require congressmen and senators to take the same
healthcare plan they force on us (under proposed legislation they are
curiously exempt).
Congressman Fleming is encouraging people to go on his Website and Sign
his petition (very simple - just email).
I have just done just that at:
http://fleming.house.gov/index.cfm?sectionid=55
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Posted by Snag on February 24, 2010, 6:51 am
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cavelamb wrote:
> For what it's worth...
>
> On Tuesday, the Senate health committee voted 12-11 in favor of a
> two-page amendment that would require all Members and their staffs to
> enroll in any new government-run health plan..
> It took me less than a minute to sign up to require our congressmen
> and senators to drink at the same trough!
> Three cheers for Congressman John Fleming of Louisiana !
> Congressman John Fleming ( Louisiana physician) has proposed an
> amendment that would require congressmen and senators to take the same
> healthcare plan they force on us (under proposed legislation they are
> curiously exempt).
>
> Congressman Fleming is encouraging people to go on his Website and
> Sign his petition (very simple - just email).
> I have just done just that at:
> http://fleming.house.gov/index.cfm?sectionid=55
I think they should be on Social Security too , just like the rest of us . I
also went to the website and voted "yes" .
--
Snag
"90 FLHTCU "Strider"
'39 WLDD "PopCycle"
BS 132/SENS/DOF
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Posted by Curly Surmudgeon on February 24, 2010, 12:27 pm
Please log in for more thread options
> cavelamb wrote:
>> For what it's worth...
>>
>> On Tuesday, the Senate health committee voted 12-11 in favor of a
>> two-page amendment that would require all Members and their staffs to
>> enroll in any new government-run health plan..
>> It took me less than a minute to sign up to require our congressmen
>> and senators to drink at the same trough!
>> Three cheers for Congressman John Fleming of Louisiana ! Congressman
>> John Fleming ( Louisiana physician) has proposed an
>> amendment that would require congressmen and senators to take the same
>> healthcare plan they force on us (under proposed legislation they are
>> curiously exempt).
>>
>> Congressman Fleming is encouraging people to go on his Website and Sign
>> his petition (very simple - just email).
>> I have just done just that at:
>> http://fleming.house.gov/index.cfm?sectionid=55
>
> I think they should be on Social Security too , just like the rest of us
> . I also went to the website and voted "yes" .
Being on Social Security is fine but to make it fair you'd have to take
away their Civil Service Retirement System benefits.
"Long time congressman Ron Paul has always refused to participate in the
congressional pension system, labeling it "immoral".
http://en.wikipedia.org/wiki/Congressional_pension
--
Regards, Curly
------------------------------------------------------------------------------
Paul/Ventura in 2012
------------------------------------------------------------------------------
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>
> Published: Tuesday, 23 Feb 2010 | 10:03 AM ET
> By: Reuters
>
> U.S. consumer confidence fell in February to the lowest in 10 months, as
> consumers' short-term outlook for the jobs market worsened, according to a
> private report released Tuesday.
>
> The Conference Board, an industry group, said its index of consumer
> attitudes fell to 46.0 in February from a revised 56.5 in the prior month.
> February's reading is the lowest since April 2009.
>
> The median of forecasts from analysts polled by Reuters as for a February
> reading of 55.0. The expectations index fell to 63.8 from 77.3. The
> present situation index dropped to 19.4 from 25.2 in January, the worst
> since February 1983.
>
> "Concerns about current business conditions and the job market pushed the
> Present Situation Index down to its lowest level in 27 years," said Lynn
> Franco, director of The Conference Board Consumer Research Center.
>
> "Consumers also remain extremely pessimistic about their income
> prospects," Franco added.
>
> Consumers' labor market assessment worsened. The "jobs hard to get" index
> rose to 47.7 percent from 46.5 percent, while the "jobs plentiful" index
> fell to 3.6 percent in February from 4.4 percent in January.
>
> http://www.cnbc.com/id/35538824