Web Search powered by YAHOO! SEARCH
Nov 27, 8:18 AM EST

Survey shows German consumers losing some confidence amid concerns of an economic slump

Latest Business News
Anti-obesity group says it is disbanding after emails show involvement with Coke

DuPont chemicals spinoff Chemours cutting about 400 positions in global workforce reduction

JetBlue Airways plans a more hands-on approach to training future airline pilots

Fed moves to limit bailouts of failing firms; emergency lending must be to aid markets only

Figures on government spending and debt

A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
Egypt aims for 5.5 percent growth in next year's draft budget

Japan's top central banker, leaders appeal for corporate help in boosting economy

Survey shows German consumers losing some confidence amid concerns of an economic slump

Rising pay and healthy job market suggest steady US economy _ and maybe solid holiday shopping

UK Treasury chief focuses on affordable housing, backs off cuts to tax credits in budget plan

Since '01, Hillary and Bill Clinton collected $35M for making speeches to financial businesses

US economic growth upgraded to 2.1 percent rate in summer, though still weaker than spring

With less than 1 percent growth, South Africa avoids recession, but key industries suffer

While eurozone economy appears to be gaining momentum, French economy hurting after attacks

Airstrikes hurt, but unlikely to halt, IS oil smuggling operations in Syria and Iraq

Buy AP Photo Reprints
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Related Stories
McKelvin reminded of lost fumble in Bills' last Monday night meltdown at New England

Berlin Wall: 20 Years Later

BERLIN (AP) -- A closely-watched survey shows German consumers are losing confidence amid growing concerns of an economic slump.

The GfK research group said Friday its forward-looking consumer climate index dropped for the fourth month in a row to 9.3 points in December, from 9.4 in November.

GfK says consumers' willingness to buy rose, but that was offset by drops in both their income and economic expectations, partially linked to the growing number of asylum seekers pouring into the country.

Germany is set to receive more than 1 million refugees and other migrants this year and some 40 percent of consumers surveyed told GfK they believed unemployment would soon rise, most of them saying the newcomers would hurt the labor market.

GfK's monthly survey is based on some 2,000 consumer interviews.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.