Dienstag, 30. August 2011

Consumers gloomy but their spending says otherwise (AP)

In this Aug. 26, 2011 photo, a young shopper peers into a box containing a CAT motorized job site machine, as he waits to get through the check-out at Costco in Mountain View, Calif. A private research group said Tuesday, Aug. 30, 1011, that consumers’ confidence in the economy in August dropped almost 15 points to the lowest level since April 2009 as worries about the economy fueled the wildest stock market swings since the financial meltdown in 2008.  (AP Photo/Paul Sakuma)AP - Economists have advice for anyone worried that consumers are too fearful to keep spending: Look at what they're doing, not what they're saying.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110830/ap_on_bi_ge/us_economy

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