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The good news is, consumer confidence has been rising for the past six weeks, as measured by the ABC Consumer Comfort Index. The bad news is that, even after this sustained rise, it can still be at its current dismal level.
On a scale from -100 (horrific) to +100 (wonderful), it now stands at -41, which means it’s “a whopping 31 points below its long-term average in 22 years of weekly polls,” as ABC News says in its analysis of the data.
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