The Conference Board Consumer Confidence Index decreased slightly in December to 52.5, down from 54.3 in November.

“Despite this month’s modest decline, consumer confidence is no worse off today than it was a year ago,” said Lynn Franco, director of the Consumer Research Center at The Conference Board. “Consumers’ assessment of the current state of the economy and labor market remains tepid, and their outlook remains cautious. Thus, all signs continue to suggest that the economic expansion will continue well into 2011, but that the pace of growth will remain moderate.”

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