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...And Consumers Say They're Right To Be Concerned


Economic Trends

...AND CONSUMERS SAY THEY'RE RIGHT TO BE CONCERNED

Small businesspeople aren't the only people in an anxious mood. The Conference Board reports that its consumer-confidence index in October hit its lowest level in eight months. Less than 10% of consumers feel business conditions are good, while 45% say they are bad. Some 43% of respondents to its monthly survey say they put off a major purchase in the past six months because of economic uncertainties. And nearly 25% report that someone in their household was unemployed during the past year, with the average unemployment spell lasting for about six months.GENE KORETZ


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