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U.S. Consumer Confidence Unexpectedly Decreases In December

Consumer confidence in the U.S. has unexpectedly decrease in the month of December, according to a report released by the Conference Board on Tuesday, with the report also showing a substantial downward revision to the reading on consumer confidence in November.

The Conference Board said its consumer confidence index slid to 88.6 in December from a downwardly revised 92.9 in November.

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by RTTNews Staff Writer

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