Confidence Up But Struggling

Consumer confidence backed away from its worst stretch ever this week, gaining ground but no better than its dreadful start to the year. The ABC News Consumer Comfort Index stands at -49 on its scale of +100 to -100, up 4 points from last week and 5 points better than its record low of -54 on Jan. 25. Since the start of the year, confidence has spent three weeks at -49, the first two of the year and this one – and those were its best. Since mid-January, confidence has been on its worst streak...Full Story
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