Consumers Show No Confidence in My Bush Boom

From Holden:

Consumer Confidence fell steeply in September according to the AP.

Consumer confidence dropped to its lowest levels since midsummer amid worries about high energy prices, uncertainty about the labor market and anxiety about making major purchases like a car or a home.

The AP-Ipsos consumer confidence index slipped to 97.4 in September from 103.4 in August, the latest measure of consumer attitudes in recent weeks to reflect uneasiness over the economy. The consumer confidence index is benchmarked to a 100 reading on January 2002, the month the index was started by Ipsos.