BOSTON ( TheStreet) -- Consumers' confidence and sentiment are down, and who can blame them? Even when they try to be frugal, someone's getting them to splurge.The Conference Board's Consumer Confidence Index was down 4.7 points last month, while the Thompson Reuters/University of Michigan Consumer Sentiment Index inspired celebration by falling 0.7 points instead of 2.3 points. Spending is actually up slightly, as the Commerce Department said the U.S. economy expanded 3.7% last month, but consumer expectations are down as job numbers stagnate and housing numbers slump.
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