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US consumer confidence drops on broad concerns about economy

Conference Board’s confidence gauge drops 5.4 points

Bloomberg News

US consumer confidence unexpectedly declined in June, underscoring lingering anxiety about the potential impacts on the economy and job market from higher US import duties. The Conference Board’s gauge of confidence decreased 5.4 points to 93, data showed Tuesday. The figure was below all estimates in a Bloomberg survey of economists. A measure of consumer […]

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