Consumer Confidence Takes a Hit

Turmoil on Wall Street doesn't usually filter down to Main Street, but few people living have seen the kind of financial market upheaval that we've experienced in the last couple of months. It seems to be having an impact on Main Street. The Conference Board reported yesterday that consumer confidence fell to an all-time low of 38.0 in October. The one-month decline in the index (-23.4 points) was the third largest on record. You can read the press release here.