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In bn                                                                                    $3,609                           ...
Aug-11: 40.3weeksSource: BLS
75.5                                                          55.7Source: University of Michigan Consumer Sentiment Index
Consumer Confidence CollapsesEvent                                                                Amount DroppedHurricane ...
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Morning Joe Charts - Deficit Trajectory-Unemployment Duration-Consumer Confidence - 9.6.11

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Morning Joe Charts - Deficit Trajectory-Unemployment Duration-Consumer Confidence - 9.6.11

  1. 1. In bn $3,609 $3,527 $2,635 $2,302 $1,225 $973 Deficit drop: $253bn Deficit drop: $252bnNote: All numbers are rolling 12-month figuresSource: US Treasury, CBO
  2. 2. Aug-11: 40.3weeksSource: BLS
  3. 3. 75.5 55.7Source: University of Michigan Consumer Sentiment Index
  4. 4. Consumer Confidence CollapsesEvent Amount DroppedHurricane Katrina 19.6Debt Ceiling Debate 15.8Iraq Invades Kuwait 15.4Lehman Brothers Collapse 15.0Iranian Hostage Crisis 14.29/11 8.8Note: “Amount Dropped” is over a two-month periodSource: Public Opinion Strategies, A Pivot Point in American Opinion: The Debt Ceiling Negotiation and itsConsequences by Bill McInturff

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