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25 Aug. 2020 | Comments (0)

Consumer Confidence declined for the second consecutive month and now stands at 84.8 down from 91.7 in July. The Present Situation Index decreased sharply, while pessimism about the short-term outlook continued to grow. Concerns amongst consumers about the economic outlook and their financial well-being will likely cause spending to cool in the months ahead.

The Conference Board Consumer Confidence Index

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