Consumer Confidence Index Dipped in Nov

December 2004
Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p2
Trade Publication
This article reports that the consumer confidence index in the U.S. slid again in November 2004, falling to 90.5 from an upwardly revised 92.9 last month. The present situation index rose to 95.2 from a downwardly revised 94.0, while the expectations index slipped to 87.4 from an upwardly revised 92.2 last month. Lynn Franco, director of the Conference Board's consumer Research Center said that, with consumers' assessment of current conditions holding steadfast and intentions to spend for the holiday season up from a year ago, the outlook for retailers is mildly encouraging.


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