Crumbling Confidence?

Written by on January 31st, 2008 in Real Estate.

The Conference Board released their report on Consumer Confidence Tuesday.  In researching the long term confidence data, I noted that only once since 1970 has consumer confidence gotten this low without the US going into a full-blown recession.  Hopefully, we’ll avoid it this time, too.  The Federal Reserve is doing what they can.  Congress is trying to come up with a stimulus package.  However, there’s only so much they can do at this point without creating other economic problems (inflation

Leave a Reply



Site Navigation