Tuesday, 30 September 2014

U.S. consumer confidence, home prices show weakness

File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago By Sam Forgione NEW YORK (Reuters) - U.S. consumer confidence fell in September for the first time in five months and home prices in July rose less than expected from a year earlier, underscoring the unsteady nature of U.S. growth. Another report on Tuesday showed business activity growth in the U.S. Midwest decelerated slightly in September. "We're continuing to effectively struggle," said Mike Englund, chief economist at Action Economics in Boulder, Colorado. "Some of the optimism that we got in the updraft in consumer confidence in the third quarter was probably a bit overstated. ...








from Business News Headlines - Yahoo! News http://ift.tt/1v0yeAX

via IFTTT

No comments:

Post a Comment