Half of Americans are unable to pay all of their basic monthly bills on time, such as rent or mortgage payments and utility bills, a Lending Tree survey of 2,040 adults found.
Tag: Consumer confidence
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L’OREAL GROWTH SLOWS ON CHINA SLUMP
China’s staggering economy bogged down another luxury house in the year’s second quarter, with make-up and skincare conglomerate L’Oreal reporting a 2.4-percent sales slump in its Asia region that includes China.
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SPOTLIGHT: HARD TIMES IN HIGH FASHION. THIS TREND, IS NOT YOUR “FRIEND”
As we have long noted, the decline in luxury sales is an important trend indicator. As the old saying goes: “The Fish Rots from the Head Down,” and we are providing the facts in this SPOTLIGHT, to illustrate the economic danger ahead.
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CONSUMER CONFIDENCE SLUMPS
After feeling more positive through the first half of February, U.S. consumers took a darker view of the nation’s economy just before March.
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CONSUMERS GLOOM IS LIFTING, MICHIGAN SURVEY FINDS
Consumers now see a sunnier economic future than they did in October and November, according to the closely watched University of Michigan monthly survey of consumer sentiment.