consumer confidence

We're feeling worse about the economy. Consumer confidence unexpectedly dipped to its lowest level in nine months.

We're feeling worse about the economy.  Consumer confidence unexpectedly dipped to its lowest level in nine months.  The Conference Board says its index of consumer attitudes fell to 60.6 from a downwardly revised 65.4 in July.  Economists had expected an increase to 66.

The news from the consumer spending/consumer confidence front seems to be better, but not by much.

There's some good economic news - the Labor Department reports weekly unemployment benefit applications dropped by 14 thousand, to a seasonally adjusted 374,000, the fewest since the week of May 19th.

Home prices are heading upward, gas prices are moving lower which is good news.

The Consumer Confidence Index for May, released by the Conference Board yesterday, dropped about four points from the month prior.

According to The Conference Board, a private research group, Americans' confidence in the economy made its biggest drop this month since October 2011.

Americans' confidence in the economy was resilient in April despite rising job cuts and falling home values.

Consumer confidence shows up a bit weaker this month than it was in February, but overall, shoppers still feel a lot better about the economy now than they did a few years ago.

Higher gas prices may account for a stumble in the Consumer Confidence Index.