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United States: CB Consumer Confidence worse than estimates at 86.9

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04/28/2020 | 10:01am EDT

The consensus counted on 88.3. The previous publication was 120.0.

This index, released each month by the Conference Board, reflects the confidence of American consumers on the U.S. economic health. It is benchmarked as the year 1985 equals 100 and the higher the figure, the stronger the consumer confidence. This statistic is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.


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