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Consumers cautious in uncertain economy
In a fragile economy with stock market turbulence Americans grow more cautious about spending and job security. Analysts say this hesitation may slow the recovery as the University of Michigan sentiment index slips and unemployment fears rise, while retailers offer incentives to spur July car sales.
MENTIONED IN THIS ARTICLE
Washington
Chris Swingler
Harry Kolodzij
Swingler
Xerox
Mark Witner
Wachovia Securities
University of Michigan
Dave Demarti
Phoenix
Barb Bucher
Denver
Conference Board
Mark Zandi
Economy.com
Zandi
Rebecca Merbicker
Richardson
Texas
Federal Reserve
Alan Greenspan
Paul Taylor
National Automobile Dealers Association