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June 28th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: EU unveils its vision for the future of monetary union nbsp
Consumer Confidence in U.S. Declines to a Five-Month Low
Bloomberg – Confidence among U.S. consumers dropped in June for a fourth consecutive month as mounting concern over jobs and incomes dimmed the outlook for spending. The Conference Board’s sentiment index fell to 62, a five- month low, from a revised 64.4 in May, figures from the New York-based private research group showed today. Another report showed home prices were stabilizing. The slide in confidence raises the risk that the slowdown in hiring revealed by last month’s jobs report will cause households to retrench, restraining the spending that accounts for about 70 percent of the economy. The weak labor market is overshadowing the benefit of the lowest gasoline prices in five months, one reason why companies like Ford Motor Co. (F) are keeping an eye on attitudes. Read article
Tags: 2nd Great Depression, North America
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