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Consumer Confidence Drops Sharply

WASHINGTON - For consumers concerned about the economy, the New Year couldn't have started soon enough.

By Claude R. Marx | Updated on January 01, 2009

WASHINGTON – For consumers concerned about the economy, the New Year couldn’t have started soon enough.

Consumer confidence was 38 last month, tied for an all-time low with the confidence level in October, according to The Conference Report. December’s number was down from 44.9 in November.

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