Consumer confidence drops again

31 Jul 2009

The Conference Board Consumer Confidence Index, which had retreated in June, declined even further in July. The index now stands at 46.6, down from 49.3 in June. The index started in 1985 at 100.

The Present Situation Index decreased to 23.4 from 25.0 last month. The Expectations In

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.