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U.S. Consumer Confidence - significant drop due to government shutdown

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, 01-30-2019 at 02:10 PM (636 Views)
      
   
Reflecting a sharp decline in expectations, the Conference Board released a report on Tuesday showing a much bigger than expected drop in U.S. consumer confidence in the month of January.

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Lynn Franco, Senior Director of Economic Indicators at the Conference Board, noted expectations saw a significant drop due to financial market volatility and the government shutdown.

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