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Americans’ confidence falls off in August

Americans are feeling worse about the economy than they have in a long time. Despite an improving U.S. job and housing markets, consumer confidence fell to the lowest level it’s been since November 2011. The New York-based Conference Board says Tuesday that its Consumer Confidence Index fell to 60.6, down from a revised 65.4 in… Continue Reading Americans’ confidence falls off in August

Little growth in retail sales for August

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One word describes retail sales in August: lackluster. Despite back-to-school sales events, retail sales only increased .1 percent from July. But compared with last August, sales were up 6 percent, said the National Retail Federation, an industry group. “Consumer spending in August was tempered by a continued lack of confidence in the strength of our… Continue Reading Little growth in retail sales for August

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