Optimism Weakens. / Shaun McKinnon.
by McKinnon, Shaun; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 63Business. Publisher: Arizona Republic, 2001ISSN: 1522-3191;.Subject(s): Consumer confidence | Economic forecasting | United States -- Economic conditionsDDC classification: 050 Summary: "Consumer confidence falls to its lowest level since 1998. Retailers report the worst holiday season in a decade [1990]. Plummeting corporate earnings force budget cuts and layoffs. And the stock market--well, you know your next 401(k) statement is going to be scary. Although only the gloomiest analysts are predicting an imminent recession...the sudden burst of bad economic news can't help but alarm American workers and consumers, some of whom have never really experienced a serious downturn." (ARIZONA REPUBLIC) This article discusses the slowing economy and its effect on consumer confidence.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Optimism Weakens, Jan. 7, 2001; pp. A1+.
"Consumer confidence falls to its lowest level since 1998. Retailers report the worst holiday season in a decade [1990]. Plummeting corporate earnings force budget cuts and layoffs. And the stock market--well, you know your next 401(k) statement is going to be scary. Although only the gloomiest analysts are predicting an imminent recession...the sudden burst of bad economic news can't help but alarm American workers and consumers, some of whom have never really experienced a serious downturn." (ARIZONA REPUBLIC) This article discusses the slowing economy and its effect on consumer confidence.
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