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Reality check: Economies contract, there are just different ‘flavors’ (access required)

by Rebecca Tonn

Published: March 13,2009

Time posted: 6:55 am

Although consumer confidence declined throughout 2008 from a high of 117 during March to a low of 77 during November, it rebounded somewhat during December to 88 (perhaps consumers were merely happy for the holidays?). During December, more consumers planned to improve their savings (17 percent vs. 12 percent during September) while simultaneously increasing the amount ...





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