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VOL. 35 | NO. 38 | Friday, September 23, 2011




Consumer confidence essentially unchanged

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NEW YORK (AP) — Consumers' confidence in the U.S. economy remained weak in September after dropping to a post-recession low during the month before as Americans continue to worry about high unemployment and low wages.

The Conference Board, a private research group, said Tuesday that its Consumer Confidence Index was at 45.4, up slightly from a revised 45.2 in August. Economists surveyed by FactSet had expected a reading of 46. The August reading, which was the lowest since April 2009, was almost 15 points below July's reading of 59.2

A reading above 90 indicates the economy is on solid footing. Economists watch the number closely because consumer spending accounts for about 70 percent of U.S. economic activity.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0