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Consumer Confidence Plummets

Job concerns push index to post-Katrina low

By Kevin Spak,  Newser Staff

Posted Nov 27, 2007 11:27 AM CST

(Newser) – Consumers were a gloomy group in November, when housing and job woes drove the consumer confidence index down to a level not seen since October 2005, when Hurricane Katrina’s aftermath loomed large. “This is a strong indication that consumer spending growth is going...   Read full story »

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