Consumer Confidence Picks Up, but Home Prices Flatten Out
Dec. 30, 2009
Consumers are feeling a little better about the economy but home prices are flattening out after an unexpected rebound in the spring and summer, according to two closely watched reports released on Tuesday.
A monthly survey by the Conference Board, a private research group, found that consumer confidence picked up slightly in December after rising in November, but still remains at a weak level. The results largely capture consumer attitudes about the labor market.
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