December consumer confidence drops to all-time low (AP)

The company bowtie logo shines off the girlle of an unsold 2008 Silverado pickup truck at a Chevrolet dealership in Denver on Sunday, Sept. 7, 2008. General Motors Corp. on Tuesday, Dec. 2 said its U.S. sales fell sharply in November due to a 'significant' drop in retail demand and 'continuing economic uncertainty' that has negatively affected consumer confidence. (AP Photo/David Zalubowski)AP – Consumer confidence hit an all-time low in December, dropping unexpectedly in the face of layoffs and deteriorating markets for housing, stocks and other investments.

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