Consumer Confidence Craters

Published December 27, 2012 4:04pm ET



From CNN:

The closely watched Consumer Confidence Index, which measures the American public’s sentiments every month, sank six points to 65.1. That’s a major turnaround since October, when it reached a four-year high of 73.1… the biggest drop to consumer confidence since the nation’s credit rating was lowered in August of last year.    

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