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July 29, 2008

Consumer Confidence Rebounds In July

Consumer confidence rebounded in July, after a six month slide. The Conference Board’s consumer confidence index notched up nearly 60 points in the month thanks to stabilization in oil prices.

This is a great improvement over June, when the Index reached its lowest level in 16 years. However, confidence levels are still just half of what they were a year ago.

Posted by Blacks on July 29, 2008 09:21 AM

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