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Non-Tech : The ENRON Scandal

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To: Mephisto who started this subject	1/28/2003 6:56:37 PM
From: Mephisto	Read Replies (1) of 5185

Consumer Confidence Declines Again Tue Jan 28,10:24 AM ET story.news.yahoo.com By REBECCA GOMEZ, AP Business Writer NEW YORK - Consumer confidence fell in January for the second straight month, largely because Americans feel less optimistic about the job front and any increases in their incomes, a private research group reported Tuesday. The New York-based Conference Board (news - web sites) said its Consumer Confidence Index dropped to 79 from a revised 80.7 in December. Analysts had been expecting a bigger decline in the index to a reading of 78.5 for January. "Overall readings continue to reflect the country's lackluster economic activity," said Lynn Franco, director of the Conference Board's Consumer Research Center. "Now, with the threat of war looming, consumers have grown increasingly cautious about the short-term outlook." story.news.yahoo.com

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