The Associated Press reports that the Conference Board’s monthly Consumer Confidence Index was down in September for the fourth consecutive month, but the board suggested that there was some hope to be found in the figures.
The Index was down to 93.3 for the month, down to August’s figure of 94.5…though expectations were that it could be as low as 92.4.
The problem, according to economists, is that even as consumers struggle to spend their way out of the economy doldrums, issues like possible war with Iraq and concerns about terrorist threats making it harder all the time.
In short, the signals are mixed.
The Index was down to 93.3 for the month, down to August’s figure of 94.5…though expectations were that it could be as low as 92.4.
The problem, according to economists, is that even as consumers struggle to spend their way out of the economy doldrums, issues like possible war with Iraq and concerns about terrorist threats making it harder all the time.
In short, the signals are mixed.
- KC's View:
