Consumer Confidence Falls in January

Washington, DC, Jan. 29, 2013 -- Consumer confidence in January fell more than forecast, according to the Conference Board.

Confidence hit the lowest level in more than a year, measuring 58.6, down from a revised 66.7 in December.

The 8.1-point decline from a month earlier was the biggest since August 2011.

                                                                                                                                                                                                                                                                                                                                     
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