Consumer Confidence Plunges
Y’all really don’t have good feelings about the economy, according to the Consumer Confidence Index which dropped to 75 this month from 87.3 in January. That’s the lowest it’s been since the 64.8 of Feb ’03, just before the US invaded Iraq. Furthemore, the “expectations for th next six months index” dropped to 57.9 from 69.3 in January. It might be a good time to start eating less so your stomach shrinks in preparation for the lean times.
Consumer Confidence Down Sharply [NYT]
(Photo: Getty)
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