U.S. Consumer Confidence Drops in May

The IBD/TIPP Economic Optimism Index declined by 1.1 points, or 2.4%, in May, posting 45.1 vs. 46.2 in April. The index is 2.1 points below its 12-month average of 47.2, 0.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.6 points below its all-time…

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U.S. Consumer Confidence Drops in May

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