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Consumer Confidence At Lowest Point in Nearly Four Months
Written by Your 5News Team
Last updated on March 14, 2014 @ 6:59PM
Created on March 14, 2014 @ 5:24PM

Everyone can agree with all the snow and ice we saw this winter, it was a definitely a harsh one. As you might expect, Mother Nature may have had something to do with our economy's health.

A new report from Wall Street shows consumer confidence in the economy is at it's lowest point in nearly four months, just measuring at about 79, which is down from about 83 back in December.

Experts say because of the cold weather and nasty snowstorms, things like construction, businesses hiring, and even Obamacare have caused confidence in the economy to plummet.

5 News spoke to a few people who said they can relate to that.

"I had trouble getting out and getting where I need to be, so I definitely didn't shop as much," Cathy Mauller, a Clarksburg resident.

Other people say the weather had no impact on their shopping at all.

"Unless I absolutely couldn't get anywhere, I actually still shopped the same as I did before winter started," said Jim Myers, a Good Hope resident.

Experts say while they think weather had a impact on consumer confidence, they say it'll take a few months to draw a clearer picture of our economy's health.

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