Economic News

April New Home Sales UP 3.3%

Benn Rosales, Founder & Publisher

Published

May 27, 2008

-Consumer Confidence at its lowest point in years at 57.2

-Oil drops $2 a barrel to below $130

-How bad do we have it- really…

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Ever watch the news and just feel like a deer in headlights? You’re not alone.

In this article:consumer confidence, Economy, fuel prices, gasoline, trends

Written By Benn Rosales, Founder & Publisher

Benn Rosales is the Founder and CEO of The American Genius (AG), national news network. Before AG, he founded one of the first digital media strategy firms in the nation has received the Statesman Texas Social Media Award and is an Inman Innovator Award winner. He has consulted for numerous startups (both early- and late-stage), and is well known for organizing the digital community through popular offline events. He does not venture into the spotlight often, rather he believes his biggest accomplishments are the talent he recruits and develops, so he gives all credit to those he's empowered.

2 Comments

Dan Green

May 27, 2008 at 8:59 am

The same story ran when oil crossed $30 per barrel in 2003 and dozens of times since. I just don’t remember morning television being so blatantly sympathetic to consumers…

Reply
Landflip

May 28, 2008 at 6:20 pm

we do not have it that bad if the media would leave us alone. It is not like no one in America is buying houses the media is simply trying to scare them in to not buying. As long as oil remains high the cost of building will remain high. I do not understand how house values can fall much more. Maybe the public is beginning to see this.

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