Tag Archives: ECON

US consumer confidence drops in August on inflation worries

US consumer confidence drops in August on inflation worries

A woman carries shopping bags during the holiday season in New York City, U.S., December 21, 2022. REUTERS/Eduardo Munoz Acquire Licensing Rights WASHINGTON, Aug 29 (Reuters) – U.S. consumer confidence fell more than expected in August after two straight monthly increases amid renewed concerns about inflation, a survey showed on Tuesday. The Conference Board said its consumer confidence index dropped …

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