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Old 01-28-2009, 06:24 PM
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Post US consumer confidence tumbles to record low

As recession bites and fears grow over job security, US consumer confidence has plummeted to a record low in January.According to the Conference Board’s monthly consumer index, confidence fell to 37.7, from a revised 38.6 in December, below analysts’ expectations of 39.The figure is the lowest since the New York-based group started monitoring consumer sentiment [...]

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