Conference Board survey shows “no sign” rising infections dampening confidence

Summary: Modest increase in Conference Board Consumer Confidence Index in July; reading well above expected figure; views of present conditions improve, short-term outlook virtually unchanged; Sep quarter growth “off to a strong start”; consumer spending “to support robust economic growth” in second half; “no sign” rising infections dampening confidence.   After the GFC in 2008/09, US consumer confidence clawed its way back to neutral over a number of years and...

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