Tuesday, January 29, 2008

January Consumer Confidence

Consumer confidence in the US fell to one of its lowest levels in the past year in January, according to the Conference Board. The confidence index fell to 87.9, from 90.6 in December. The 12-month low is 87.8, recorded in November 2007.

To put this into perspective, in January 2007, the index peaked at 110.2.

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