|The drop in consumer confidence has retailers worried shopping will be restrained during the holiday season. (Reed Saxon/File/Associated Press)|
Consumer confidence drops sharply
Housing prices stall, posing recovery threat
By Bob Willis and Shobhana Chandra Bloomberg News / October 26, 2011
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Consumer confidence in the US unexpectedly sank and home prices stagnated, showing why the Obama administration and some Federal Reserve policy makers are pivoting to stem a housing slump that is threatening the economic recovery.
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