Bloomberg.com: Top Worldwide
Sept. 16 (Bloomberg) -- U.S. consumer confidence fell to the lowest since 1992 after Hurricane Katrina devastated the Gulf Coast and pushed gasoline prices to a record high, raising concern that Americans may curtail spending.
The University of Michigan's preliminary index of consumer sentiment fell to 76.9 this month from 89.1 in August, surpassing even the drop following the 2001 terror attacks as the biggest decline since December 1980.
Sept. 16 (Bloomberg) -- U.S. consumer confidence fell to the lowest since 1992 after Hurricane Katrina devastated the Gulf Coast and pushed gasoline prices to a record high, raising concern that Americans may curtail spending.
The University of Michigan's preliminary index of consumer sentiment fell to 76.9 this month from 89.1 in August, surpassing even the drop following the 2001 terror attacks as the biggest decline since December 1980.
This entry was posted
on Friday, September 16, 2005 at 8:01 AM.
