Consumer confidence dives

Thomas, Larry
December 2007
Furniture/Today;12/3/2007, Vol. 32 Issue 13, p58
Trade Publication
The article reports that Conference Board's Consumer Confidence Index in New York in November 2007 fell to 87.3 which is recorded as the lowest level of the year. The index measures the consumers' assessments of current economic conditions and their expectations for the future. According to Lynn Franco, director of the Board's consumer research center, the result is being associated with the volatility in the financial markets, rising prices and increase of home heating bills.


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