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Consumer Confidence Plunges as Threat of War Looms

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Consumer Confidence Plunges as Threat of War Looms

Business

Consumer Confidence Plunges as Threat of War Looms

Consumer Confidence Plunges as Threat of War Looms

  • Download
  • <iframe src="https://www.npr.org/player/embed/1175603/1175604" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Consumer confidence falls 15 points to 64 in February, its lowest level in nearly a decade. The Conference Board, a private business-research group, says the continuing weakness in stock prices, higher oil costs and the ongoing debate about Iraq have taken a toll on the economy. NPR's Jim Zarroli reports.