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Consumer Confidence: Disintegration of Hope?
The January Consumer Confidence Survey unexpectedly melts down, with the headline index dropping 8.1 points (Consensus: -1.1 points; Decision Economics: +1.6 points)–and, with the 4.8-point fall in December and a 1.6-point decline in November, creating the appearance of a spiraling deterioration.
[private]US_13-0129_E1[/private]