Consumer Confidence Plummets in September

[gristy]

This story is being picked up by everybody, usually under the headline above. Plummet is a strong word. Big news. Down is down 100. Here's one of the earlier links:

http://abcnews.go.com/wire/Business/ap20030930_696.html

[goforit]

1. Oh..Oh!!!..........

Ouch!!!

I wonder if the Rethuglicans are hurting yet?

[CMT]

2. yowza!! I guess Bush will have to try and send monthly tax rebate

checks to people to try to keep the illusion of an economic recovery. This is huge in that confidence is driven by consumers and if they aren't confident they won't buy. See where the stock market has been going of late too? Close to being under 9,000.

[Commie Pinko Dirtbag]

3. DUPE!

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=139946

[gristy]

5. oops. sorry

I looked. I think I need new glasses...

[papau]

4. From the ABC website: worst since Dec 93

"The Conference Board report released this morning shows unexpectedly low consumer confidence. ABC's Schindelheim reports, "two employment components of the index were at their lowest levels in more than a decade: The "jobs plentiful" index fell 1.3 points to 10.0, the lowest level since December 1993. At the same time, the "jobs hard to get" index rose 1.2 points to 35.3, its highest level since December 1993."