Wednesday :: May 26, 2004

Consumer Confidence Slipping

by Steve

Contrary to what our GOP friends say here on this blog, consumer confidence is slipping. Why? Because of rising gas prices.

And durable goods orders and home sales fell by more than expected in April. Ah yes, the booming recovery caused by W's tax cuts.

Update: The Rasmussen daily tracking indicator on economic confidence fell to its lowest level in six months today. 56% of those polled think the economy is getting worse.

Steve :: 7:31 AM :: Comments (14) :: Digg It!