Page 2 - Present Situation News Today

With the economic backdrop continuing to deteriorate, silver’s bull case has become increasingly fragile.

Furniture Industry News: While the overall economy seemed to grow at a strong pace in the third quarter, some of those measurements do not really reflect what consumers are seeing and doing.

 

Consumer confidence fell for the third month in a row, although at a smaller rate, from 104.3 in September to 102.6 in October.

US consumer confidence from The Conference Board

The Conference Board Consumer confidence in the US fell for the third consecutive month in October.

Furniture Industry News: "If we forget the difficulty in comparisons, it appears that business overall has slowed for most all producers and distributors."

The United States (US) CB Consumer Confidence is expected to have extended its decline in September after trimming June and July gains in August. The

Conference Board Confidence Tumbled In September As 'Hope' Fades After reaching two year highs in July, The Conference Board consumer confidence survey has…

Furniture Industry News: "We do believe that we will get back to the typical industry ways of the more normal ups and a few downs."