Consumer confidence plunges despite rise in corporate profits

 

Consumer confidence plunges despite rise in corporate profits

08:07:42 | 28/07/2010 - Source: Boston Globe

Consumer confidence plunges despite rise in corporate profitsThe disconnect between Wall Street and Main Street is growing. Americans' confidence in the economy faded further in July, according to a monthly survey released yesterday, amid job worries and skimpy wage growth.

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