It wasn’t such a shock that after successive rate rises from the Reserve Bank (followed by bank home-loan rate rises) and an awful lot of knee-jerk media reporting, that consumer confidence fell last month, writes Glenn Dyer.
Consumer confidence
American consumers give up, go home
The unhealthy position of the big market rally has been exposed for the high-wire act it is by a sharp fall in American consumer confidence, to 47.7 in October.
Consumer confidence surges to 28-month high
Are Australian consumers heading for a fall because they have become overly optimistic? Or are they now more resilient than they were in the first few months of the year?
DJ’s rich pickings from the PM’s cash splash
The naysayers who claim the Rudd government’s cash splash didn’t impact, need only consult the latest retail sector profit results.
Dyer index: economy a hotbed of contradiction
There are mixed messages coming out of the latest economy data figures, with information showing poor profits and weak wages growth but manufacturing profits on the rise.
Clothes maketh the retail industry
Clothing retailers have taken a battering this year, but niche segments — like online stores and men’s fashion — are growing and IBISWorld predict a growth rate of 2.9% for the industry.
US investors keep the blinkers on
For the third time in 10 days American markets and investors have received a reminder of the fragile state of the current recovery and market boom, writes Glenn Dyer.
Situation almost normal for economy
After a big slump, things are finally looking up for the the Australian economy with consumer confidence exploding and house prices rising.
Interest rates: what goes down must come back up
Interest rates are likely to rise, but not until business and consumer confidence are a little more stable, writes Ross Gittins.
Kohler: Mobilising the retail army
It seems women can deny themselves shoes and clothes for only so long; as soon as it’s safe to go back into the stores, they’re there, plastic drawn.
Morning Market Report: Consumer confidence below expectations
Consumer confidence numbers came in below expectations, while the market is down 87 and Wall St fell 82.
Green shoots in bloom: consumer confidence surges
Consumer confidence has joined business confidence on a strong upswing and is now at its highest level for 17 months.
Central banks in dot.com action replay
Central banks have erred around the world for failing to send messages that cheap money shouldn’t be used to speculate, writes Glenn Dyer.
RBA rate cut: this could be as good as it gets
Consumer confidence figures out this morning suggest Australia may have to earn its interest rate cuts in future, writes Glenn Dyer.
Crikey Says: Retail sales fall, confidence goes
Just how fragile are our tentative graspings at confidence?
Shoppers’ self-esteem edges lower
This month’s reported fall in consumer confidence was relatively tiny given the torrent of economic bad news both here and overseas, writes Glenn Dyer.
Consumer confidence vanishes into thin air
The Christmas-New Year holiday break did nothing to improve the confidence levels among Australian consumers and some leading employers, writes Glenn Dyer.
Consumer confidence dives amid fears of a recession
Consumer confidence takes another dives as sentiments falls into line with the slowing economy. Glenn Dyer reports.
Retail feels the pinch as buyers snap wallets shut
Retail spending is being hit from all sides, writes retail commentator Rob Lake.
Consumer and business confidence down: did the RBA go to far?
The sharp fall in sentiment and expectations emphasises the belief by some economists that the RBA may have made one rise too many, writes Glenn DYer.
RBA winning the fight against inflation
The RBA’s campaign to slow the economy by raising interest rates seems to be working a treat, writes Glenn Dyer.
Consumer confidence is down…
way down
