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US consumer confidence tanks to near two-year low
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Harry Hope
Sep 25, 2007, 3:22:25 PM9/25/07
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http://afp.google.com/article/ALeqM5h4dawb7l2y8BU0bsDwFtv8i_G64A
Sept. 25, 2007
US consumer confidence tanks to near two-year low
WASHINGTON (AFP) — US consumer confidence tanked in September to
almost a two-year low amid weakening business and job market
conditions, the Conference Board said Tuesday.
The business research company said its consumer confidence index fell
to 99.8, down from a revised 105.6 in August.
The confidence reading was sharply below Wall Street forecasts of
104.5 and was at its lowest since hitting 98.3 in November 2005.
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Harry
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