Consumer Confidence Drops to Lowest Point Since March 2009

October 25, 2011  by in UnCategorized   

By Aggregated Content in economic news on October 26, 2011 from http://c.moreover.com/click/here.pl?z5382348721&z=1250249027

Americans say they feel worse about the economy than they have since the depths of the Great Recession. And it's a bad time for a bad mood because households are starting to make their holiday budgets.

It might not be all doom and gloom, though. Sometimes what people say about the economy and how they behave are two different things. Consumer confidence fell in October to the lowest since March 2009, reflecting the big hit that the stock market took this summer and frustration with an economic recovery that doesn't really feel like one. The Conference

Read Full Article...