Quote:
Originally posted by Hank Chinaski
Isn't consumer confidence the most important thing for a healthy economy?
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Uh-oh.
I'm certainly no economist, nor do I play one on TV, but even I expect this to rebound next month, as everyone realizes that we won't be paying for $5 gas after Katrina/Rita. But I wonder if it says something about the volatility of consumer confidence, and perhaps that everyone is nervously keeping an eye on the prices displayed at the local Union76. What will happen once the fall/winter home heating bills start coming in?
