US consumer confidence snaps 3-month winning streak as new COVID outbreaks stifle reopening optimism

Business Insider

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· The Conference Board's Consumer Confidence Index fell to 92.6 in July from 98.3, ending a three-month streak of improvements as rising COVID-19 infection rates weigh on economic recovery hopes.
· The overall decline was largely led by the Expectations Index's decline. The gauge, which tracks consumers' short-term outlook for...

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