While it's a bit of a surprise, the slightly downbeat news on confidence can be explained by the ongoing weakness in employment, and perhaps consumers are a little concerned about the backup in mortgage rates. But while they're becoming less confident, they're still buying -- the latest sales numbers still look good.
Quotes about downbeat (6 Quotes)
By no means is this locker room downbeat. We understand what we should have done this past Monday. Give them credit for winning the game, but we understand what should've taken place and that shouldn't even have been a close game.
Based on the latest pre-announcements from Gateway and Hewlett-Packard, the depth of the downturn in December 2000 was deeper than we would have thought, even after a downbeat field trip to Taiwan,
A batch of downbeat US economic data underpinned some market doubt over the Fed's inclination towards higher interest rates.
I want no part of making any contribution whatsoever to the despair which eventually follows downbeat thinking.
Developments are continuing to enforce a very downbeat view on prospects for the Iraqi oil sector. In all, the recently increased number of analyses implying imminent and unavoidable price collapses do seem a little premature.