The Bush Boom seems to have made folks a bit ornery. Bloomberg (04.11.08):
"Confidence among U.S. consumers fell to a 26-year low after employers fired workers and gasoline prices surged, threatening the spending that accounts for more than two thirds of the economy. The Reuters/University of Michigan preliminary index of consumer sentiment decreased to 63.2 this month, the weakest level since 1982, when the jobless rate approached 11 percent, the worst since the Great Depression." U.S. Economy: Consumer Sentiment Drops to 26-Year LowDon't worry. It'll get better. Someday.
Labels: economy and jobs