Week in Preview: Retail Sales, Consumer Credit, Earnings

Yes, the unemployment rate sank below 9% in February, but the investors didn’t seem to be impressed by that report. They’re expected to focus this week on government data regarding consumer credit, some retail earnings and who…

Consumer Sentiment Rises to Highest Level Since June

The consumer sentiment index rose a better than expected 3.9 points in November to 71.6 — its highest level since June, as Americans sensed modest improvement in the job market. Its still below historic norms, though, and sust…

Less Affluent Households Give Consumer Sentiment a Boost

September’s consumer sentiment level unexpectedly rose to 68.2 from its preliminary 66.6 reading. However, the entire gain came from more positive responses among households earning under $75,000 — those who wouldn’t be affect…