Global Consumer Confidence Continues to Decline for Third Consecutive Month
TL;DR Summary
Consumer confidence in the US dropped for the third consecutive month, reaching its second-lowest level this year, according to the Conference Board's Consumer Confidence Index. The decline is attributed to concerns about rising prices, particularly for groceries and gasoline, as well as worries about the political situation and higher interest rates.
Topics:business#consumer-confidence#economic-outlook#economy#interest-rates#political-situation#rising-prices
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