Is Consumer Confidence Up or Down?
OK, so which is it? One day after the Conference Board reported the largest jump in consumer confidence in years in April as a result supposedly of the “end” of the hostilities in Iraq, The ABC News/Money Magazine survey shows a falloff in consumer confidence from recent gains.
I guess those barnstorming trips by W to proclaim an end to the war and a need for a dividend tax cut are having a positive effect on consumers. Or are they?