The Mudcat Café TM
Thread #84714   Message #1565254
Posted By: Azizi
16-Sep-05 - 10:05 PM
Thread Name: BS: Facts about Bush just facts
Subject: RE: BS: Facts about Bush just facts
Hello Brother Bobert!

How you be?

Here's another link you might find interesting:

Consumer sentiment plummets in September

And here is an excerpt from that Sept. 16, 2005 Reuter's article which was subtitled "Americans seen nervous about Katrina's economic impact":

"NEW YORK - U.S. consumer sentiment this month plunged to its lowest in over a decade as the fallout from Hurricane Katrina made Americans nervous that the economy may slow down, a report said Friday.

The University of Michigan said its reading on confidence dropped sharply to 76.9 so far this month from 89.1 in August, according to sources who saw the subscription-only report.

That was lower than the reading after the Sept. 11, 2001, attacks on U.S. cities, but comparable to that seen following Hurricane Andrew in 1992....

Expectations about the future, as measured by the survey, also took a serious hit, swooning to a 13-year low.

"These are abysmal numbers, suggesting a deeply pessimistic consumer in the first half of September," said Christopher Low, chief economist at FTN Financial.

The expectations component retreated to 63.6 from 76.9, while the one for current conditions dived to 97.7 from 108.2."