Economy

Consumer confidence dipped in October as inflation concerns persist

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Consumer confidence dipped in October as inflation concerns persist

Consumer confidence slid for the third month in a row, new data shows, a sign that Americans’ view of the economy is dimming in the face of a weakening labor market and stubborn inflation. The University of Michigan’s October sentiment index, released Friday, shows consumer confidence fell 1.5% on a monthly basis to 53.6%. The … Read more

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