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US consumer confidence fell in January

Laptop Battery by Dave Porter

laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)

Thinkpad The University of Michigan's consumer confidence index, whose study was released Friday, showed that US consumer confidence fell in January to 95.8 from 97.1 in December.If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.

According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.

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Laptop Computers Jan 22, 2005 (AXcess News) New York - The University of Michigan's consumer confidence index, whose study was released Friday, showed that US consumer confidence fell in January to 95.8 from 97.1 in December.Analysts forecast just the opposite, that US consumer confidence would rise to 98.0.

The Nationwide Consumer Confidence Index has fallen four points to 81, its lowest ever figure, it has been announced.

Laptop Computer Two-thirds of the US economy is accounted for in consumer spending, a barometer towards the nation's consumer confidence. Though the correlation between consumer confidence and retail spending has not been strong this year.

Processor Laptop computers used to fall short when comparing processing speed with desktop computers. With today's technology, however, those times are soon coming to an end. Manufacturers like Intel and AMD have stepped up their development and are now making processors for laptops that are quite comparable to those of desktops. This allows consumers who want portability to also have the speed and power they need.

Desktop Computer Most reports showed that the Christmas spending season was good.

Notebooks Consumer spending habits during the holiday season is seeing a correction for January's figures as US shoppers are now paying for those credit purchases, which would reflect in lower consumer confidence figures in January.

Lenovo The University of Michigan's index of current conditions is 110.4, up from December's 106.7, and its index of consumer expectations gave a preliminary January reading of 86.4, down from the December reading of 90.9.AdvertisementUS Treasurys slipped after the University's consumer confidence figures were leaked Friday with the benchmark 10-year note off 1/32 in price with a yield of 4.18 percent.

Hard Drive Though the EU's lifting of sanctions may have fueled some of the US Treasury market's activity.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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