The fault in our stats

By Ben Kritz

Dec 09, 2018 12:17 am

BEN KRITZ

THE top news story on Friday was that both the business and consumer confidence index (CI) for the fourth quarter plummeted to levels not seen in years; the obvious conclusion is that these results indicate deep pessimism about the state and direction of the economy. But on closer examination, the conclusion might not be so obvious after all.

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