Oct 28, 2009|
on consumer confidence
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Automatically Generated Transcript (may not be 100% accurate)
October surprise drop in consumer confidence leads to one thing says buffalo state college -- judgment. When it comes to predictions of a sluggish retail season. This just confirms the fears. Schmidt said the lack of jobs is the big reason for the plummeting consumer confidence. Adding people not put their holiday gifts on credit cards Schmidt says the news is not good for the auto industry there. Half of the population. Has said they have no plans to purchase -- that the number was higher -- now. It was definitely. A drop in the number of people who have plans to buy autos. Smith says recent government programs that help for canceled out by the lack of employment growth. Tom market -- ready at 930 WB yen.