The University of Michigan Confidence plummeting gloomily and surprisingly to 64.1; worse than the projected 64.5 and prior reading of 64.2 as overall consumer confidence regarding personal finances, business conditions and purchasing power weakened slightly amid the current deteriorated conditions with in fact the economic outlook falling to 55.4 from 56.2 while that the economic conditions inclined faintly to 77.6 from 76.6.