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Uptick in consumer confidence may herald recovery

By Wan Wong

Jan. 13, 2010 7:33 p.m.

2009 was accompanied by one of the biggest losses in U.S. stock market history. The economy seemed to be stuck in a rut, with bank bailouts and plummeting stock indexes. But measurements of consumer confidence before the arrival of 2010 showed that consumer confidence is up 2.3 points. Does this small victory accurately indicate our nation’s economic future?

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