Influx Insights Tag Feed: economy http://www.influxinsights.com/blog/ 2008-07-07T04:25:52Z consumers are feeling it http://www.influxinsights.com/blog/article/1869/consumers-are-feeling-it.html <b>Consumer confidence sank to a quarter century low in the April 2008 survey.</b> <br><br><b><i>The decline was due to high fuel and food prices as well as shrinking income gains and falling home values. &#8220;The recent acceleration in the loss in confidence indicates a longer and potentially deeper recession,&#8221; according to Richard Curtin, the Director of the Reuters/University of Michigan Surveys of Consumers. Rising inflation, higher joblessness, and smaller income gains has made most consumers more cautious spenders. &#8220;Rising uncertainty about future living standards has caused consumers to adopt more prudent spending plans and become more wary of incurring new debt,&#8221;Curtin said. </i></b><br><br>Press Release from Reuters<br><br><br>Posted by Ed Cotton Influx Insights 2008-04-28T03:52:02Z housing stops http://www.influxinsights.com/blog/article/1526/housing-stops.html <a target="_blank" href="http://www.flickr.com/photos/edcotton/1149225466/" title="Photo Sharing"><img src="http://farm2.static.flickr.com/1364/1149225466_5ede00ec60_o.jpg" alt="Housing Starts" height="373" width="553"></a> <br><br><a target="_blank" href="http://themessthatgreenspanmade.blogspot.com/2007/08/housing-starts-at-10-year-lows.html"><br>Via</a> <br> <br><br>Posted by Ed Cotton Influx Insights 2007-08-17T14:04:52Z