Las Vegas Sun

November 28, 2009

Currently: 60° | Complete forecast | Log in

Wholesale prices fall, consumer confidence increases

Friday, Dec. 13, 2002 | 9:51 a.m.

WASHINGTON -- Wholesale prices plunged by 0.4 percent in November, the biggest decline in six months, as costs fell sharply for gasoline and cars and sporting goods prices registered a record drop, the Labor Department reported today.

Separately, U.S. consumer confidence rose in December for a second straight month, pulling away from a nine-year low and signaling Americans may have enough faith in the economy to keep spending, a University of Michigan survey showed.

The university's preliminary sentiment index rose to 87 from 84.2 in November, Bloomberg News reported. The compared with a nine-year low of 80.6 in October.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Complete Listing

Calendar »

  • 28 Sat
  • 29 Sun
  • 30 Mon
  • 1 Tue
  • 2 Wed

All events on Saturday »