Hard on the heels of a report that says small business confidence is crumbling (see my previous posting earlier this week) it looks like consumers feel the same way.
The Nationwide Building Society consumer confidence index results for September:
- Confidence fell for fourth month in a row in September
- The main index now stands just four points above its all time low seen in February 2011
- The Spending Index fell by two points but remains some way above its all time lows, despite the challenging economic environment