U.S. Consumers Turn Glum in September



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 26 Sep 2003 12:12:04 PM
Object: U.S. Consumers Turn Glum in September
From Reuters, 9/26/03:
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=6&u=/nm/20030926/bs_nm/economy_consumers_sentiment_dc
U.S. Consumers Turn Glum in September
By Ros Krasny
CHICAGO (Reuters) -
U.S. consumer sentiment fell unexpectedly in September, a survey
showed on Friday, as persistent weakness in the job market, high
gasoline prices and the ongoing occupation in Iraq took a toll.
The University of Michigan's final September index of consumer
sentiment fell to 87.7, below economists' forecasts of 88.5, from 89.3
in August.
Sentiment dipped heavily from the preliminary reading of 88.2 at
mid-month.
Consumer sentiment is still above the nine-year low of 77.6 reached in
March at the start of the Iraq war and above its average for the last
12 months.
But the recovery in confidence since the end of major hostilities has
fallen flat as the ongoing human and financial costs of the post-war
occupation add up.
On Sept. 7, right in the middle of the survey period, President Bush
requested $87 billion to fund operations in Iraq and Afghanistan.
"The difficulties currently being faced in Iraq are undermining
consumer sentiment, with the $87 billion price tag causing additional
concern," said David Sloan, analyst at 4Cast Ltd.
Consumer confidence has also been hurt by the weak jobs market.
____________________________________________________________
Bush's lousy economy continues.
Harry
.

User: "Tabernacle"

Title: Re: U.S. Consumers Turn Glum in September 26 Sep 2003 05:17:02 PM
Harry Hope <rivrvu@ix.netcom.com> wrote in message news:<tqs8nvgiq9lk7hd6uellovjabofic01c20@4ax.com>...

From Reuters, 9/26/03:
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=6&u=/nm/20030926/bs_nm/economy_consumers_sentiment_dc

U.S. Consumers Turn Glum in September

By Ros Krasny

CHICAGO (Reuters) -

U.S. consumer sentiment fell unexpectedly in September, a survey
showed on Friday, as persistent weakness in the job market, high
gasoline prices and the ongoing occupation in Iraq took a toll.

The University of Michigan's final September index of consumer
sentiment fell to 87.7, below economists' forecasts of 88.5, from 89.3
in August.

Sentiment dipped heavily from the preliminary reading of 88.2 at
mid-month.

Consumer sentiment is still above the nine-year low of 77.6 reached in
March at the start of the Iraq war and above its average for the last
12 months.

But the recovery in confidence since the end of major hostilities has
fallen flat as the ongoing human and financial costs of the post-war
occupation add up.

On Sept. 7, right in the middle of the survey period, President Bush
requested $87 billion to fund operations in Iraq and Afghanistan.

"The difficulties currently being faced in Iraq are undermining
consumer sentiment, with the $87 billion price tag causing additional
concern," said David Sloan, analyst at 4Cast Ltd.

Consumer confidence has also been hurt by the weak jobs market.

____________________________________________________________

Bush's lousy economy continues.

Harry

You know what gets me Harry is that You, Me (and many many others)
warned voters long before 2000 that this Idiotfuck was going to
screwup the economy as his numbers NEVER added up (2+2+2=6 and not 19
as Dubya said it would using his Fuzzy Math) and now we are living on
the edge of a Depression with almost Thirty Five Million Americans Now
Living Below the Poverty Line!
.
User: "Rico"

Title: Re: U.S. Consumers Turn Glum in September 27 Sep 2003 11:49:25 AM
In article <6449fb5e.0309261417.27120968@posting.google.com>,
(Tabernacle) wrote:

Harry Hope <rivrvu@ix.netcom.com> wrote in message
news:<tqs8nvgiq9lk7hd6uellovjabofic01c20@4ax.com>...

From Reuters, 9/26/03:

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=6&u=/nm/2003092
6/bs_nm/economy_consumers_sentiment_dc


U.S. Consumers Turn Glum in September

By Ros Krasny

CHICAGO (Reuters) -

U.S. consumer sentiment fell unexpectedly in September, a survey
showed on Friday, as persistent weakness in the job market, high
gasoline prices and the ongoing occupation in Iraq took a toll.

The University of Michigan's final September index of consumer
sentiment fell to 87.7, below economists' forecasts of 88.5, from 89.3
in August.

Sentiment dipped heavily from the preliminary reading of 88.2 at
mid-month.

Consumer sentiment is still above the nine-year low of 77.6 reached in
March at the start of the Iraq war and above its average for the last
12 months.

But the recovery in confidence since the end of major hostilities has
fallen flat as the ongoing human and financial costs of the post-war
occupation add up.

On Sept. 7, right in the middle of the survey period, President Bush
requested $87 billion to fund operations in Iraq and Afghanistan.

"The difficulties currently being faced in Iraq are undermining
consumer sentiment, with the $87 billion price tag causing additional
concern," said David Sloan, analyst at 4Cast Ltd.

Consumer confidence has also been hurt by the weak jobs market.

____________________________________________________________

Bush's lousy economy continues.

Harry


You know what gets me Harry is that You, Me (and many many others)
warned voters long before 2000 that this Idiotfuck was going to
screwup the economy as his numbers NEVER added up (2+2+2=6 and not 19
as Dubya said it would using his Fuzzy Math)

Certainly Gore has been proved roght when he called the bush economic plan
too risky.

and now we are living on
the edge of a Depression with almost Thirty Five Million Americans Now
Living Below the Poverty Line!

That is around 11 or 12%, in fairness, that per cent within a couple of
points is always there. Depends to some degree on what is defined as
poverty.
.



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