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Consumer Confidence

Economic Watch: New Reports Raise Concerns About a Recession

A glimmer of hope that U.S. manufacturing was starting to rebound at the start of the year may have been quickly been dashed, leading to increasing concerns about the state of the overall economy, while separate reports show consumers don’t feel as good as they did last year, but they are still in the mood for home buying.

Economic Watch: Service Sector Loses Steam, Consumer Confidence Up

The latest reading on the health of the nation’s non-manufacturing/service sector of the economy shows it starting the year with slower growth. A separate report shows consumers aren’t paying much heed to recent volatility in financial markets as Federal Reserve officials begin a two-day meeting.

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