July 29, 2003
Consumer Confidence Down
The Consumer Confidence Index fell 7 points last month. The cause is the increase in unemployment.
Posted by Steve at July 29, 2003 11:10 AMComments
How to reconcile this with the large increase in consumer spending last quarter?
Posted by: Robin Roberts on July 31, 2003 07:59 AMYeah its squirrely right now. Confidence is down, spending is up. The recession just ended, and Greenspan is optimistic, but the stock market still takes a hit.
Post Bubble hangover? Beats me....
Posted by: Steve on July 31, 2003 08:51 AMPost a comment
