Highlights
A collection of news and information related to Consumer Confidence published by Tribune Company sources.
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Slump not over yet
The Orlando area's housing market will remain relatively weak through 2009 but will still be in better shape than Florida's as a whole and should continue outperforming the state's other metro areas, one of the state's leading private economists said...Tags: Miami (Miami-Dade, Florida), Orlando, Florida, Great Depression, Weather Reports
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We think: Congress should give back this year's automatic salary hike
Try to imagine a 2008 performance review for a member of Congress: Employee played a leading role in wrecking the economy and running up a record budget deficit; neglected a range of critical issues from energy security to health care to immigration;...Tags: National Government, Wages and Pensions, Government
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Stimulus = stopgap, but let's hope it doesn't backfire
Washington Post Writers GroupWe should resist the temptation to see the forthcoming "economic stimulus" package as a panacea. It won't be. At best, it would represent traditional "pump priming." This familiar metaphor is worth pondering. To get the pump started, you add water; then...Tags: Imports, Government Debt, Ronald Reagan, Trade Balance, Credit Ratings
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Lehigh Valley group eyes a local alternative to money
Of The Morning CallHOW ONE SYSTEM WORKS In Ithaca, N.Y., the local currency is the Ithaca Hour, based on a livable hourly wage and currently worth $10. It's meant to be spent, not saved. You go to the farmers market to buy a bunch of asparagus priced at $10, intending...Tags: Allentown, Sociology, World War I, Hawaii, Vermont
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Regulators rethink rules on testing children's clothing and toys for lead
The Consumer Product Safety Commission has given preliminary approval to changes in new lead-testing rules after complaints that the measures could have forced thrift stores and sellers of handmade toys to dispose of merchandise or even go out of...Tags: Baby Products, Games, and Toys, Toys, Toy Industry, Product Recalls, Consumers
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Deflation fear prompted Fed's latest interest rate cut
Consumers anxious about the worsening economy might welcome the prospect of falling prices. But fear of a general price decline that could worsen the economic downturn was one reason the Federal Reserve slashed interest rates to as low as zero last month....Tags: National Government, Government Debt, Moody's Corporation, Peter Orszag, Government
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Goody's to begin liquidating stores Friday; expects to close all sites by late March
AP Retail WriterCHICAGO (AP) — Discount clothing chain Goody's Family Clothing will begin liquidating its stores on Friday as the retailer becomes one of the year's first victims of the worsening economy. The move, which comes less than four months after the...Tags: Financially Distressed Companies, Tennessee, Bankruptcy, Holidays, Arkansas
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In Connecticut, Used Cars Are Waxing In Popularity
Ed Herrmann, the actor, has never spent much time worrying about the price of a car. His automotive baubles over the years have included such collectibles as a 1932 Packard roadster and a 1959 Aston Martin, which, once restored, set him back about six...Tags: Automotive Equipment, New Britain, Passenger Cars, Banking, North Canaan
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Edmunds Welcomes the Auto Bailout Plan but Still Sees a Missing Link
Edmunds.comThese are hard times for America's auto dealers. Last year saw the double hit of high gas prices followed by the credit crunch. But at the end of the year was a ray of hope: the long-awaited bailout in the form of bridge loans to GM and Chrysler. At... -
GMAC gets a government boost
BusinessWeek.comNow here???s a government bailout that could achieve some results pretty quickly. The Federal Reserve bought a $5 billion stake in the lender GMAC Financial Services, the lending arm of General Motors, and loaned it another $1 billion. GM responded by... -
Beware the Ides of March 31: Toyota's Reversal Proves it's About More Than Cars
MotorTrend MagazineDETROIT - So March 31 turns out to be the big day. It's the day Toyota Motor Company expects to post its first-ever loss, $1.66- to $1.68-billion for the fiscal year, depending on whose rounding and yen-to-dollar conversions you believe. Toyota... -
Prius or Pickups?
MotorTrend MagazineHere's one for all those dimbulbs in Washington who think running a car company ain't that hard: If you were in charge of Toyota, would you have halted work this week on the $1.3 billion factory near Tupelo, Mississippi, that was intended to build the new...
Jan 7, 2009
|Story| Orlando Sentinel
Jan 7, 2009
|Story| Orlando Sentinel
Jan 7, 2009
|Story| Orlando Sentinel
Jan 7, 2009
|Story| Allentown Morning Call
Jan 7, 2009
|Story| Los Angeles Times
Jan 6, 2009
|Story| Los Angeles Times
Jan 6, 2009
|Story| Associated Press
Jan 7, 2009
|Story| Hartford Courant
Jan 6, 2009
|Blog| Edmunds.com
Jan 6, 2009
|Blog| BusinessWeek.com
Jan 6, 2009
|Blog| MotorTrend Magazine
Jan 6, 2009
|Blog| MotorTrend Magazine
