28 Oct
Posted by igor in Business, Current Affairs, Newswire (Business, Consumer, Credit crunch, Home, Mortgage, Subprime mortgage crisis, United States, US)
The US consumer index has plummeted to an all time low of 38.0, having begun based at 100 in 1985. This reflects the hard times that have fallen upon the US consumer quite clearly, with the subprime mortgage crisis playing a large role. A number of large corporations have also had rounds of layoffs. Jobs [...]