Confidence Slumps, Home Sales Near Record: U.S. Economy Preview

Bloomberg.com: Top Worldwide: "U.S. consumer confidence tumbled this month as fuel prices surged, threatening to sap spending in the aftermath of Hurricanes Katrina and Rita. Before the storms, Americans bought homes at a near-record pace and business investment on new equipment rose, reports this week may show.
Measures of consumer confidence fell in September to at least a one-year low, according to the median estimates of economists surveyed by Bloomberg News. Sales of existing homes exceeded a 7 million annual pace for a fifth month in August"
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