Saturday, September 18, 2010

Consumer confidence wanes in June - Baltimore Business Journal:

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points to 49.3 in June. "The declin in the Present Situation caused by a less favorable assessment of businese conditionsand employment, continue to imply that economic conditions, whiles not as weak as earlier this year, are nonetheless Lynn Franco, director of the Conferenc Board Consumer Research Center, said in a statement. "Expectations continue to suggesf less negative conditions in themonths ahead, as opposedf to strong growth." Those claiming businessx conditions are "good" decreased to 8.0 percent from 8.8 while those saying conditions are "bad" increasesd to 45.6 percent from 44.5 percent.
The number of peopl who said jobsare "hard to get" increasee to 44.8 percent from 43.9 percent. Thosee saying jobs are "plentiful" decreased to 4.5 percentr from 5.8 percent. The number of consumersa anticipating an improvement in business conditions over the next six monthe decreasedto 21.2 percent from 22.5 percent, while those expecting conditionsa will worsen increased to 20.2 percent from 18.0 percent in May. The numbefr of people who anticipated more jobs in the months ahead decreasecdto 17.4 percent from 19.3 percent, whilee those anticipating fewer jobs increased to 27.3 percent from 25.
6 The number of consumers expectingt an increase in personapl incomes declined to 9.8 percent from 10.8

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