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→Consumer confidence hits new low
Durable goods are defined as manufactured items with a useful life of at least three years. Employment in durable goods manufacturing is vital to economic recovery.
Durable goods are defined as manufactured items with a useful life of at least three years. Employment in durable goods manufacturing is vital to economic recovery.
==Consumer confidence hits new low==
==Consumer confidence hit new low==
[[File:Consumer Confidence.JPG|200px|right|thumb|]]
[[File:Consumer Confidence.JPG|200px|right|thumb|]]
[[File:Consumer confidence2.JPG|200px|right|thumb|]]
[[File:Consumer confidence2.JPG|200px|right|thumb|]]
The Conference Board, an independent non-advocacy research association, reported a worse than expected fall in its Consumer Confidence Index to 48.5, the lowest point since February's 46.4. It takes a reading of 90 to indicate a healthy economy — a level not approached since the recession began in December 2007.
The Conference Board, an independent non-advocacy research association, reported a worse than expected fall in its Consumer Confidence Index to 48.5, the lowest point since February's 46.4. It takes a reading of 90 to indicate a healthy economy — a level not approached since the recession began in December 2007.
==Rererences==
==Rererences==