Consumer Confidence Drops in December

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Following a modest decline in November, consumer confidence continued to decrease in December, driven mainly by weakened consumer expectations. The Consumer Confidence Index, reported by the Conference Board, fell by 6.1% from 136.4 to 128.1 in December, the lowest level since July 2018. Despite the sharp decline in December, the Consumer Confidence Index remained historically strong. The Present Situation Index… Read More ›

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