A couple descends on an escalator while shopping at an H&M store in Atlanta. U.S. consumer confidence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect next week. The Conference Board said Thursday that its consumer confidence index fell this month to 65.1, down from 71.5 in November. That's second straight decline and the lowest level since August.
Photo by Associated Press /Chattanooga Times Free Press .
published Thursday, December 27th, 2012