Industry News

Consumer confidence plummets

More expect business conditions to worsen over next six months
Published on Feb 24, 2004

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by CareyBot

The Conference Board’s consumer confidence index, which had improved last month, weakened significantly in February. The index now stands at 87.3 (1985=100), down from 96.4 in January. The expectations index fell to 96.8 from 107.8. The present situation index declined ...