PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Neocon who wrote (328493)	12/12/2002 6:52:13 PM
From: Steve Dietrich	Read Replies (2) of 769670

<<looks pretty good to me......>> If you go here you'll see that consumer confidence bumped up a little after five straight declines and is still at relatively low levels. You'll also see that leading indicators have flattened out after declining for some time. conference-board.org Here's a recent ABC poll showing a drastic drop in consumer confidence: abcnews.go.com N E W Y O R K, Dec. 11 — Consumer confidence took another unusually steep fall this week, giving back nearly all the modest gains it had achieved since hitting a more than eight-year low in October. The ABCNEWS/Money magazine Consumer Comfort Index, based on public views of current economic conditions, fell five points to -22 on its scale of +100 to -100. A drop this big is rare; it's happened only 19 times in almost 900 weeks of continuous polling. Like i said, it's not really clear where we are right now, economically speaking. If you check out the minutes of the last FOMC meeting you'll see they agree with that sentiment. Steve

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