TITLE

Consumer Confidence Drops Again in April

AUTHOR(S)
Siegel, Gary E.
PUB. DATE
April 2008
SOURCE
Bond Buyer;4/30/2008, Vol. 364 Issue 32868, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decreased rate of the consumer confidence index in the U.S. in April 2008. The index dropped to 62.3 from an upwardly revised 65.9 rate in March and the present situation index fell to 80.7 while the expectations index rose to 50.1. The sharp decline in the present situation index led to the decline in consumer confidence, which can cause a slowdown in economic conditions.
ACCESSION #
31866479

 

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