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Obama in Racine, trying to restore confidence in economy

Published: June 30, 2010
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JULIE PACE Associated Press Writer WASHINGTON (AP) — A day after consumer concerns about the economy sent stocks sliding, President Barack Obama is trying to assure the American people that the economic recovery is headed in the right direction. Obama is visiting Wisconsin on Wednesday to speak about the economy in Racine before taking [...]

Key home index rises for eighth straight month

Published: March 30, 2010
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By Alan Zibel AP Real Estate Writer New York — A strong rebound in California’s real estate market helped lift a key home price index for the eighth straight month. Prices are up almost 4 percent from the bottom in May 2009, but still almost 30 percent below the May 2006 peak. Prices rose 0.3 [...]

Consumer confidence falls sharply (11:29 a.m. 2/23/10)

Published: February 23, 2010
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By Anne D’Innocenzio AP Retail Writer New York — Americans’ outlook on the economy went into relapse in February. Rising job worries sent a key barometer of confidence to its lowest point in 10 months, raising concerns about the U.S. economic recovery. The Conference Board’s Consumer Confidence Index fell almost 11 points to 46 in [...]

Consumer confidence improves slightly in November (9:19 a.m. 11/24/09)

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans’ confidence in the economy improved slightly in November from October, but shoppers remain gloomy heading into the traditional start of the holiday shopping season amid a weak job market, according to a monthly survey. The Conference Board, based in New York, said Tuesday that [...]

Worsening job picture fuels slide in confidence

Published: October 27, 2009
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Ashley M. Heher AP Retail Writer Chicago — Consumers’ confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, according to a private research group, fueling speculation that an already gloomy holiday shopping forecast could worsen. The Consumer Confidence Index, released by The Conference Board, sank unexpectedly to 47.7 in October [...]