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December 29, 2006

Consumer Confidence Surges In December

Consumer confidence made an unexpected rise in December, according to one closely watched measure. The Conference Board’s Consumer Confidence Index climbed to 109.0 from 105.3 in November, registering an 8-month high.

Despite the gain, economists expect the economy to show only modest growth in the last quarter of the year.

Posted by Blacks on December 29, 2006 11:47 AM

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