Consumer confidence dips in August
The Conference Board says the Consumer Confidence Index fell to 141.1 in August from 143 in July, with analysts noting the figure remains strong despite a plateau in confidence. The report highlights views on current conditions, future growth prospects, jobs, and income expectations amid mixed spending signals.
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New York
Conference Board
Wall Street
Bryan Jordan
Banc One Investment Advisors
Columbus
Ohio
U.S
Lynn Franco
Consumer Research Center
The
Federal Reserve
Fed
Commerce Department
Dow Jones
United States
New $267 Million Weather Satellite Aims to Improve Forecasts
Washington AP reports NOAA will launch NOAA-L a 267 million weather satellite to enhance storm triggers flood forecasts and search and rescue. Set for Sept 20 from Vandenberg it replaces a drifting six year old craft and will offer detailed vertical atmospheric profiles.
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Washington
Noaa-L
Vandenberg Air Force Base
California
John Jones
National Weather Service
Postal Service foresees finish in red this year
The Postal Service could end the fiscal year as much as 300 million dollars in the red, the first money-losing year since 1994. Postmaster General William Henderson cited weaker first class mail and higher costs, though advertising mail rose about five percent.
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Washington
Postal Service
William Henderson
Henderson
Postal Board of Governors
Mt Ten Mail
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Ajay Mehta
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Gary Davis
NOAA
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Pecian Gasin
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