WASHINGTON – Consumer confidence is starting the year at another historic low, an indication that the public doesn't see the economy improving in the near future.
The Conference Board reported today that the confidence level is 37.6, down from 38.6 in December and 44.9 in November.
The New York City-based research organization's survey of 5,000 families also indicated that the Present Situation Index, which measures consumer assessment on current conditions, is 29.9, compared with 30.2 in December
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