Consumer Confidence In Trouble, But Come To Think Of It….So Is The Consumer

| August 30, 2011

Ugh….this should come as no surprise!  The consumer makes up over 70% of the economy. August consumer confidence fell from 59.2 to 44.2 … below the consensus of 52, and dropping to its lowest level since April 2009.  Even uglier is the 6 month outlook which fell from 74.9 to 51.9.

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