Consumer confidence falls in September

[Cocoa]

Scott McClellan's response: too many of you people are pessimistic nay-sayers! take some Prozac!

http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=6354191

NEW YORK (Reuters) - U.S. consumer confidence edged lower in September for a second straight month as persistent worries about the job market weighed on sentiment, a report on Tuesday said.

The Conference Board, a private forecasting group, said its index of the mood of U.S. consumers fell to 96.8 from a revised 98.7 in August. Economists polled by Reuters had forecast a rise to 99.0.

The present situation index fell to 95.5 from 100.7 in August, while the expectations index edged up to 97.6 from 97.3.

The percentage of consumers who said jobs were hard to get rose to 28.3 percent from 26.0 percent in August. Consumers saying jobs are plentiful fell to 16.8 percent from 18.4 percent.

"The recent declines in the index were caused primarily by a deterioration in consumers' assessment of employment conditions," Lynn Franco, director of the Conference Board's Consumer Research Center, said in a statement. "Soft labor market conditions have clearly taken a toll on consumer confidence."

[cthrumatrix]

1. in other news......the sun rises in the east

[annabanana]

2. NO...everything is FINE!

Hunky-Dory! Flowers and Sweets! Sunshine and Lollipops!
La La La La (i can't HEAR you) La La La

:party: :party: :party:

[Cocoa]

3. that's the spirit!

you're a fine American. :toast:

[xchrom]

4. don't forget to add -- bush ahead in polls

[barb162]

5. ol' Scotty-Boy is even worse than the previous Bush press jerk

[Pirate Smile]

6. Does anybody know what the stock market was at when Bush took

office?

[Wright Patman]

7. Dow Jones

Industrial Average was at 10,587.60 and NASDAQ was at 2,770.38 as of Jan. 20, 2001.

[cthrumatrix]

8. but but "bunny pants" said 911 changed all.....(barf)

[durablend]

9. My response to Scott McClellan

KMA!

[TheFarseer]

10. I'm worried were living behind a facade

of a good economy and win or lose in November it will just go to hell. This oil price mandates that our economy go to hell.

[MrBenchley]

11. This index was in the 135-145 point rnge during Clinton/Gore

and plummeted when it was apparent Fuckwit stole the election...

[Moderator]

12. Kick

Kick

[VegasWolf]

13. Hard to feel that old confidence when you've been laid off. n/t