The Bloomberg Consumer Comfort Index was at minus 34.1 in the week ended March 31, up less than a half point from the prior week as measures of the state of the economy and buying climate improved. What’s been the...
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Photograph by Joe Raedle/Getty Images
People are reflected in the side of a Cigarette boat as they look at boats on display at The Miami International Boat Show.
Consumers: No Hint of Job-Market Slump
Wary Shoppers Eye Fiscal Cliff
Written by Chris Burritt More lawmakers finally admitted over the weekend that they’re less confident they can act before the end of the year to avert $600 billion in tax increases and spending cuts. For holiday shoppers, though, pessimism about...
Read more »GDP Pushed Up — Yet Look Closer
The latest figures on third-quarter economic growth are best described by a cliché: The devil is in the details. Gross domestic product accelerated to a 2.7 percent annual rate, revised upward from a 2 percent pace previously reported by the...
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Photograph by Aaron M. Sprecher/Bloomberg
A recruiter reviews a job seeker's resume during a Coast to Coast Career Fairs event in Houston.
Consumer Doubt Keeps Unemployment Up
Consumers’ uncertainty is weighing down the economy. The Federal Reserve said today that the country’s unemployment rate would be lower — at around 7 percent instead of more than 8 percent — if consumers were less doubtful about economic issues. “Uncertainty...
Read more »Back to School: Dressing for Nov. 6
Are you better off than you were four years ago? How about nine years ago? The numbers on back-to-school shopping show a bigger increase in spending by U.S. consumers than at any time since 2003. The numbers also conceal what...
Read more »Bipartisan Consensus Here: Jared!
In today’s hyper-partisan political world, there’s finally something Democrats, Republicans and Independents agree on: Subway sandwiches. The sub chain, owned by the privately held Milford, Connecticut-based Doctor’s Associates Inc., is one of the top three-rated brands among supporters of both political...
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