Why are Consumers So Glum?
The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the United States fell to its lowest level in more than a year. The last time consumers were this bummed out was October 2011, when there was widespread talk of a double-dip recession. But this time business news is buoyant. The [...] View the full post at: Why are Consumers So Glum? Related posts: Smackdown Week: Now Consumers are All But Extinct How Exactly are Low Book Prices Harmful to Consumers? And Now Deflation
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