The Australian market is the largest and most stable market of Australian beef and lamb, though it was impacted
by weaker consumer confidence and spending on meat in 2011.
«We've taken some concrete steps to recognize the risks that are out there,» he said, noting he has some concerns
over weak consumer confidence in the United States and what he called «softness» in that country's real estate market.
Dart's down nearly 20 % on the back
of weak consumer confidence and spending — but if these trends are cyclical as I believe, the long - term prospects of the business are as rosy as ever.
«Remodelers are suffering
from weak consumer confidence and constricted credit lines,» said NAHB Remodelers Chairman Donna Shirey, CGR, CAPS, CGP, a remodeler from Issaquah, Wash. «Homeowners are delaying remodeling projects because of economic uncertainty.»
The nosedive in stocks has also discouraged consumer spending as have mounting layoffs (Chart 5), maxed out credit cards and tighter lending standards and
weak consumer confidence.
CCA has blamed the decline in sales and earnings on one - off or cyclical issues such as weather and
weak consumer confidence.
The performance of the South African equities market has been lackluster as a result of poor employment data,
weak consumer confidence, and continued power shortages.
Overall economic uncertainty contributed to
weak consumer confidence, which influenced potential home buyers to remain on the sidelines while low prices made owners reluctant to list.
The U.S. housing market remains challenging, with limited consumer mortgage financing availability and negative news such as the U.S. Government bond rating downgrade and the European debt crisis, all contributing to
weak consumer confidence.