Word: glummer
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Dates: during 2001-2001
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...Overall, retail sales fell 4.5 percent for the month through Dec. 22 compared with the comparable period in November, Instinet Research's Redbook report said Wednesday. And Instinet had a glummer view of the past week, pegging the week's sales at a 0.6 percent drop (still an improvement from the 1.1 percent decline of the previous week...
...report that growth for April-May-June was a pale 0.7 percent, which could have been worse - it could have been negative 0.7 percent, the official signal of a recession - but it sure as hell could have been better. Not only are corporate earnings glum and corporate profits glummer, corporate spending - the capital investment that makes the economy grow sustainably - was non-existent...
...Conference Board reported that its Consumer Confidence Index dropped to 106.8 in February, down from an already lousy 115.7 in January. That's five consecutive monthly drops in the 5,000-family survey, and it tells us that on the whole, folks are glum and getting glummer about their near-term economic prospects. Which means they can't be counted on to prop up the economy with their open wallets...