business news in context, analysis with attitude

USA Today reports that the Conference Board's consumer confidence index was 62.3 in April, down from 65.9 in March – the lowest level in five years and the eighth drop in nine months.

According to the story, "The percentage of consumers calling business conditions 'bad' rose to 26.7% from 25.5%. Nearly 28% said jobs are hard to get, up from 24.5% in March. Consumers were more pessimistic about the job market, and the share of them planning to take a vacation in the next six months plummeted to a 30-year low."

KC's View:
That good, huh?