Consumer confidence fell in September

first_img Consumer confidence fell in September KCS-content Wednesday 29 September 2010 11:16 pm More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULL whatsappcenter_img Share BRITONS lost confidence in September as fears of a double-dip recession intensified, indicating that last month’s improvement was merely a blip, according to the GfK consumer confidence survey published today.Nick Moon, managing director of GfK NOP Social Research, said: “September’s slump suggests the rise in consumer confidence in August was a false dawn, as feared.”The headline index fell two points to -20, the lowest level in more than a year apart from the July trough that was likely to have been caused by the emergency Budget. There was a decline in consumers’ confidence in their personal financial situation over the past year and in their expectations for the next 12 months as well as in the general economic situation. Optimism for the economy over the next year fell five points to -19, 23 points lower than in September 2009.However, more consumers now think that the current climate is good for making major purchases with the index rising five points compared to August. This is perhaps due to the scheduled January VAT hike encouraging consumers to buy big ticket items before the end of the year. whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img

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