Here's a shocking prediction: Consumer confidence numbers this month will take a hit from Katrina. That's a problem. But the bigger question is what happens to confidence and the indicators it
represents -- jobs, spending and GDP -- in the months ahead. Short-term job losses and other fallout from Katrina, high gas prices and higher heating bills this winter all could give consumers less
discretionary income and more reason to lose confidence going into holiday shopping.
Read the whole story at Adage.com, September 21, 2005 »