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Consumer Confidence Hits Lowest Level of Year

Posted By admin On August 9, 2010 @ 3:14 am In Money Watch | Comments Disabled

Rasmussen [1]
Aug 9, 2010

The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, fell to its lowest level since December 3, 2009 on Sunday. At 70.0, consumer confidence is down four points from yesterday and down nine points from its level a week ago. The index is also down six points over the past month.

After over a week of steady gains, the Rasmussen Investor Index, which measures the economic confidence of investors on a daily basis, dropped seven points today to 77.5. The index has now fallen 20 points over the course of the past three days. Confidence is down 10 points over the past week and down six points from a month ago. The index is currently just a point shy of the lowest level recorded this year.

Only 8% of adults nationwide rate that the U.S. economy as good or excellent, while 58% rate it as poor. About a quarter (24%) of Americans feel economic conditions in the country are getting better, but 54% think they’re getting worse.

Among investors, 8% give the economy a good or excellent rating; 55% rate the economy poorly. Twenty-nine percent (29%) say the economy is getting better while 49% say it is getting worse.

Full article here [1]

Having A Supply Of Healthy Foods That Last Just Makes Sense [2]

Consumer Confidence Hits Lowest Level of Year  150410banner7 [3]

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URLs in this post:

[1] Rasmussen: http://www.rasmussenreports.com/public_content/business/indexes/rasmussen_consumer_index/rasmussen_consumer_index

[2] Having A Supply Of Healthy Foods That Last Just Makes Sense: http://www.efoodsdirect.com//index.html?aid=14&adid=43

[3] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[4] Both Consumer Confidence And The Labor Participation Rate Are At A 30 Year Low … That’s Not A Coincidence: http://www.prisonplanet.com/both-consumer-confidence-and-the-labor-participation-rate-are-at-a-30-year-low-thats-not-a-coincidence.html

[5] US economy fears as consumer confidence plunges: http://www.prisonplanet.com/us-economy-fears-as-consumer-confidence-plunges.html

[6] Consumer Confidence Plunges To 39.8 From 45.4 On Expectations Of A Bump; Lowest Since March 2009: http://www.prisonplanet.com/consumer-confidence-plunges-to-39-8-from-45-4-on-expectations-of-a-bump-lowest-since-march-2009.html

[7] Consumer Confidence Collapses Massively In June: http://www.prisonplanet.com/consumer-confidence-collapses-massively-in-june.html

[8] Obama upbeat as jobless rate falls to lowest level for 19 months: http://www.prisonplanet.com/obama-upbeat-as-jobless-rate-falls-to-lowest-level-for-19-months.html

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