Consumer Confidence Dropped in October

Siegel, Gary E.
October 2004
Bond Buyer;10/27/2004, Vol. 350 Issue 31998, p2
Trade Publication
The article informs that the U.S. consumer confidence index slid again in October, falling to 92.8 from a downwardly revised 96.7 last month, the U.S. Conference Board reported yesterday. The September index reading was originally reported as 96.8. Economists polled by IFR BondData America predicted the index would dip to 95.0. The percentage of consumers expecting a pickup in business conditions in the next half year slid to 20.6% from 21.6%, while 10.3% said they expect conditions to worsen, up from 9.4% last month.


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