Consumer Confidence Falls to 7 Month Low
Our economy is not in good shape. At least not according to consumers. Consumer confidence is at a seven year month low. What's behind the drop?
- soaring energy prices
- relentless violence in Iraq
- the increasingly bitter end of the presidential election campaign
- record oil prices
- steep health care costs
- concerns over job growth
Hope this makes it into a Kerry campaign ad.
[Ed. edited from "seven year" to "seven month." Thanks to the commenters who pointed out the error and to Skippy who also wrote on the story.]
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