Consumer confidence tumbles, home prices stagnate

Comments (13)
banditkeena wrote:

unexpectedly???????????

Oct 25, 2011 11:40am EDT  --  Report as abuse
lcky9 wrote:

OK and this is news HOW?? This has been going on for a few years now.. this Holiday season like last will be on a strict budget..

Oct 25, 2011 11:41am EDT  --  Report as abuse
eagle0542 wrote:

For any of you who have not noticed, Obama’s policies are not working.

Oct 25, 2011 12:22pm EDT  --  Report as abuse
sjmn wrote:

Check out the malls, dead….the grocery stores are hardly busy anymore either!

Oct 25, 2011 1:10pm EDT  --  Report as abuse
BLonn wrote:

I do not even think Ron Paul can save us from this debt anymore. The United States must become a Republic again!

Oct 25, 2011 1:54pm EDT  --  Report as abuse
Whatsgoingon wrote:

Why is this still news? We ate tomorrow’s lunch and the solution is one day of starving, is that simple. The politicians, however, are exploiting human nature suggesting fake solutions, like eating our kids lunch, senior’s lunch, Chinese lunch, millionaire’s lunch… Where is the American spirit of being accountable for our own mistakes and having the courage to face them? History is calling for a capable leader but who he/she will be?

Oct 25, 2011 1:59pm EDT  --  Report as abuse
ConradU812 wrote:

Honestly, I don’t see this being the end of falling housing prices, either. I expect to see them actually stablize at just above pre-2000 prices due to the days of the government-meddling-in-housing-loans fiasco are about over….

Oct 25, 2011 2:02pm EDT  --  Report as abuse
Burgerness wrote:

This is all BS! One week it’s a report that says things are stabilizing the next week it’s doom and gloom. All I know is every month everything gets more and more expensive while my residence continues to decreases in value. The way I see it is unless you are in the 1% of US wealth this economy will just keep eating away at the remaining 99% until we are all destitute and bankrupt.

Oct 25, 2011 2:24pm EDT  --  Report as abuse

consumer confidence tumbles??? consumer “confidence” has been bottomed out for several years now, what cave has this reporter been in???

Oct 25, 2011 2:35pm EDT  --  Report as abuse
hj1121 wrote:

pump and dump? what else.

Oct 25, 2011 4:04pm EDT  --  Report as abuse

Until people get back to work, housing prices will remain depressed. This is not rocket science. Tax corp’s out the yingyang that outsource jobs overseas, make it hurt so bad so that they have no choice but to bring the jobs back home. If that happens, you will speak to someone other than “Peggy” or even Raj, when you need technical assistance.

Oct 25, 2011 5:05pm EDT  --  Report as abuse
seans wrote:

“suggesting the consumer is still struggling.” Of course we are still struggling!

Oct 25, 2011 5:16pm EDT  --  Report as abuse
CostConscious wrote:

How does any of this make sense? Americans (employed americans) are saving more today than in the last 18 years. You have analysts that are speculating to drive the market in a direction that makes them money. You know, speculation the same thing that drives our financial system that we’ve been tricked into putting our retirement into. People are not spending because they have no money, they are spending less because they do not need more junk! Chances are if you are employed and reading this you still take a vacation but do you need lavish extras? No. Most people are looking for smarter alternatives to streamline their budgets. Unlike our wonderful government, nobody wants more debt following them around.

Oct 25, 2011 10:02pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.