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Politics : Formerly About Applied Materials

AMAT 306.17

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To: michael97123 who wrote (48458)	6/26/2001 9:30:35 PM
From: Dale Knipschield	Read Replies (2) of 70976

FWIW, Consumer Confidence Numbers.... I live in the northwestern corner of Illinois, and gas prices have experienced a rather dramatic drop over the last couple of weeks. Now at $1.36/gal at some stations. I find it rather interesting how much this has lifted people's spirits around here. It would be interesting if the psychology of high gas prices could be quantified.........it apparently has a very strong effect on their psyche......high prices mean mobility limited.....tough to make a profit if a farmer.....truck driver.......costly for city and state budgets...... but this drop has been like a breath of spring to many people. No doubt its the same across the country, and may account for a bit of the renewed confidence. Regards, Knip

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