The Consumer Confidence Index from the University of Michigan is bullshit. Only fools and the media believe it. Rasmussen reports as follows with the Index down over the past two days:

Tuesday April 27, 2004--The Rasmussen Consumer Index lost another point on Tuesday to 114.0. The Index, which measures the economic confidence of American consumers on a daily basis, is up three from a week ago and up seven from a month ago. However, it is still down three points from three months ago.

People are still on the fence due to a lot of media negativity, Kerry campaigning, and the general negativity of the Left publicity machine.