This pretty much settles it. The economy continues to tank and consumers have thrown their collective hands up in despair.
Consumer confidence at lowest level since 1980.
A new Reuters/University of Michigan survey published today finds that U.S. consumer confidence “sank to its lowest level in 28 years this month as anxious shoppers grappled with surging food and fuel costs. … A separate report revealed new construction of single-family homes dropped to the [...]
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