Tuesday, December 31, 2002

Consumer Confidence Drops


Confidence plunges in December

Job worries push present situation index to 9-year low

NEW YORK (CBS.MW) - Consumer confidence unexpectedly plunged in December, the Conference Board saidvTuesday.

The board's monthly index sank to 80.3 from 84.9 in November, just above the nine-year low of 79.6vreached in October.

I was confident that would happen.