US Consumer Comfort Index dips under 50
In a recent poll, the American Consumer Comfort Index dipped to -51 which is the lowest rating in viewable history. Obviously, there is a close resemblande to the dow chart but who follows who one might wonder? Whichever the case, weak consumer confidence is not a good sign.
The index is calculation is based on 3 main questions:
National Economy: “Would you describe the state of the nation’s economy these days as excellent, good, not so good, or poor?”
Personal Finances: “Would you describe the state of your own personal finances these days as excellent, good, not so good, or poor?”
Buying Climate: “Considering the cost of things today and your own personal finances, would you say now is an excellent time, a good time, a not so good time, or a poor time to buy the things you want and need?”
ABC Consumer Comfort Index
View more at Swivel
Dow Live Report
Related posts:
- Conference Board indicates Lower Consumer Confidence
- Dow Jones index 2002 to 2008
- Dow Jones Creepy Friday 13
- Dow 2009 A great stock trading year
- Dow dips towards 4 digit scenario
Seed Newsvine
July 13th, 2009 at 12:00 am
Where did you get your blog layout from? I’d like to get one like it for my blog.