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Tag Archives: Business

US consumer confidence wanes with prices still high and signs of a cooling job market

August 29, 2023 0

US consumer confidence wanes with prices still high and signs of a cooling job market

Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend. There were also signs Tuesday of cooling in what has been a very resilient U.S. jobs market. The Conference Board, a business research group, said its consumer confidence index tumbled to 106.1 in August from a …

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