Friday, March 28, 2008

Are we there yet? (yes)

From CNNMoney:
The Reuters/University of Michigan Surveys of Consumers said its final index of confidence fell to 69.5 in March — its lowest since February 1992, when it was at 68.8 — from the previous month's reading of 70.8; indicating that "it is now nearly unanimous among consumers that the economy has already entered a recession."

No comments: