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The Conference Board

Consumer Confidence Comes in Below Expectations

The Conference Board’s Consumer Confidence index fell to 46.6 in July from 49.3.  The Present Condition Index fell to 23.4 from an initial reading of 25.0, while the Expectations Index fell to 62.0 compared to an initial reading of 65.5. Weakness in the labor market was likely the primary driver behind these declines.  This is […]