Tuesday, March 03, 2009

Statistics Not Helpful to Confidence

Two sets of statistics that caught my eye which aren't likely to help consumer confidence or the economy any time soon.

UPSIDE DOWN - 30% of US homeowners surveyed within the last month that have mortgage debt on their residence believe their outstanding debt exceeds the current fair market value of their home (source: Pew Research).

WORRIED ABOUT LOSING A JOB: CNBC was out with the number that 52% of all employed are worried about losing a job in the next year.