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Sunday, Apr 20, 2025

Consumer Confidence Plunges

Two economic reports released Tuesday morning show the economy going in different directions. Consumer confidence plummeted to 90.4 in November, way down from its estimate of 99.1, CNBC reports. However, the increase in the gross domestic product for the third quarter was revised up to 2.1 percent from the earlier estimate of 1.5 percent, CNBC reports.

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