BigShinyThing

Friday 30 September 2005

… is at its lowest for 15 years in the US, reports The Economist.

The Conference Board reported its index of American consumer confidence had dropped by 19 points in September, the biggest fall in 15 years. Hurricane Katrina and high petrol prices were blamed, but analysts suggested a weakening housing market and inflationary fears may also affect consumers’ long-term confidence. The grim little graph pictured says it all…

Posted by Anne-Fay | Tags: consumer confidence, economics
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