US consumer confidence index -47 in latest week-ABC
Tue Oct 5, 2010 5:09pm EDT
NEW YORK, Oct 5 (Reuters) - ABC News reported on Tuesday that its weekly index of U.S. consumer confidence fell two points in the latest week to its lowest level in nearly two months.
The ABC Consumer Comfort Index fell to -47 for the week that ended Oct. 3, down from -45 in the previous week.
In the week ending August 8, the index stood at -47.
The index hit an all-time low of -54 in the week to Dec. 1, 2008, and then again in the week to Jan. 25, 2009. The index has not been in positive territory since March 2007.