Posted on 04/16/2010 8:34:50 AM PDT by Zeddicus
Edited on 04/16/2010 8:35:49 AM PDT by Admin Moderator. [history]
WASHINGTON (MarketWatch) -- As economic worries persist, U.S. consumer sentiment dropped in early April, according to media reports on Friday of the Reuters/University of Michigan index.
(Excerpt) Read more at marketwatch.com ...
Extremely unexpected!
It’s hard to control all the economic statistics which are released.
More perversion of the English language by the Left.
Try "Consumer CONFIDENCE drops in April".
Leni
This, in spite of the State Controlled Media’s efforts to build consumer confidence.
His majesty won’t be pleased.
DJIA down over 100 right now.
wow I bet the experts weren’t “expecting” that!
lol
Gas prices up. College grad kids living in basement. Tax refund money spent. No re-fi prospects in sight for years.
Bummer.
The consumer sentiment index fell to 69.5 in April from 73.6 in March. Economists surveyed by MarketWatch had been expecting the sentiment index to hit 75 in April. The index hit a 28-year low of 55.3 in November 2008.
BUT...BUT...consumer sentiment went through the roof in March and the recovery was in full swing and the economy was booming again and everything was beautiful and...
What happened???
But I just heard yesterday that everything was coming up roses. The economy is rebounding, consumers are again(still)
consuming, and the market is up and and and....well there is that little thing of ‘no jobs’ but not to worry, we are blazing into a ‘recovery’! /s
On the same day Obama signed a bill that takes money from taxpayers and pays people NOT to work, he goes to NASA and puts thousands of rocket scientists (literally) out of work.
Jobless claims spiking up.
Foreclosures at an all time high.
Gee, I wonder why consumer sentiment is down.
Sure am glad I cashed-out my 401k a while ago...
Given retail sales increased last quarter, I can only imagine this means Americans ran out of credit by April.
that, and they’ve already spent their tax refunds too. Party is over.
This can’t be true, Newsweak said “America’s Back!” on the cover this week! /ObamaVoter
Usual in the month you send in your 1040 and 1120 forms.
The Consumer Confidence Index and the Consumer Sentiment Index are two different animals.
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