Tuesday, December 28, 2010

Consumer Confidence Keeps On Slipping, Slipping, Slipping...

 
Consumer confidence is out.  Last month it came in at 54.1% (an increase), and analysts were expecting it to rise even further to 57.4%.  And did it?  No, not really.  The index actually fell180 bps to 52.5%, with the Present Situation Index dropping 200 bps to 23.5% and the Expectations Index dropping 170 bps to 73.6%.  Not such good news for December.

No comments:

Post a Comment