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The problem is fundamental, tied to the imbalance caused by irrationally high home prices and declining optimism that the prices will go higher.
The figures have worsened considerably since the oil price began to fall, but the declining optimism began two years earlier.
There have been eight consecutive quarters of declining optimism, and the three most recent quarters have been in pessimistic territory.
Oil and Gas UK operations director Oonagh Werngren said: "Over the last six quarters, there has been a marked trend towards declining optimism in the sector but this is the first time the overall index has moved into negative territory since 2009.
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Consumer confidence fell during April, a private research group reported today, as higher energy prices and a declining stock market tempered optimism about economic growth.
(Project Syndicate) Small business optimism declines for a second month in a row.
Economic optimism declined sharply after the PBR – from 46% of respondents saying they felt optimistic to 32%.
Investor optimism declined sharply in February, largely because of concerns about accounting problems raised by the collapse of the Enron Corporation, according to a survey conducted for UBS.
The survey found that optimism declined 20percentt from the first two weeks in January to the first two weeks in February.
Today, due to increased investments in a coordinated response to these diseases, deaths from AIDS, TB and malaria have declined significantly, prompting optimism that we can end these epidemics in our lifetimes.
Dispositional optimism declines with age (Giltay et al. 2006), whereas self-reported depressive symptoms (Barefoot et al. 2001; Davey et al. 2004), cognitive function (Schonknecht et al. 2005), and loneliness (Cohen-Mansfield et al. 2009) increase over time.
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