1.0link147901<![CDATA[Consumer Confidence Hits 23-Year Low]]>http://www.huffingtonpost.com/2008/12/02/consumer-confidence-hits_n_147901.htmlConsumer confidence has reached a new low in weekly polling since late 1985, coinciding with official word the U.S. economy has been in recession the past year.
The announcement is nothing new to consumers: The ABC News Consumer Comfort Index has fallen from -17 in mid-December 2007 to -54 today. En route it's matched or surpassed its previous low, set in 1992, eight times this year.