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To: H James Morris who wrote (149408)10/29/2002 1:35:20 PM
From: GST  Read Replies (1) | Respond to of 164684
 
The October consumer confidence index tumbled to 79.4 from September's 93.7 level, mirroring the recent decline in the University of Michigan's sentiment gauge. Economists polled by CBS.MarketWatch.com had expected a 90.1 reading.

Both the expectations and current conditions indexes took nosedives as well.

"The outlook for the holiday retail season is now fairly bleak," said the Conference Board, which releases the data.

biz.yahoo.com