Consumer Confidence Hits 28-Year Low

A report issued today by University of Michigan/Reutersshowed that consumer confidence fell to a 28-year low in April. Thedrop was blamed in part on rising concerns about higher gas and foodprices. Consumers, who fuel two-thirds of national economic activitythrough their purchases of goods and services, were in a bleak mood.*To read the full post, please visit the San Diego California real estate blog