Consumer Confidence at Lowest Since 2002

Friday March 7


According to the RBC Cash Index, confidence sank to a mark of 33.1 in early March, down from 48.5 in February. The new reading was the worst since the index began in 2002 and surpassed the previous low reached in February.

Last March, confidence stood at 92.3. The index is based on results of the international polling firm Ipsos.

http://biz.yahoo.com/ap/080307/consumer_confidence.html