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 NEW YORK (AP) - Consumer confidence slid in June as Americans began to worry that high gas prices and a slumping housing industry may be undermining the health of the job market.
The New York-based Conference Board said Tuesday that its Consumer Confidence Index, which is meant to measure how good shoppers feel about the economy and employment, fell to the lowest level in almost a year.
At the same time, the Commerce Department said that new home sales dropped in May for the fourth time in the past five months.
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