• US consumer confidence jumps most since 2011 as the economy reopens

    15 days ago - By Business Insider

    Consumer confidence in June jumped to 98.1 from 85.9 in May, according to a Tuesday report from The Conference Board .
    Economists surveyed by Bloomberg expected the index to gain to 90.5. The jump was the biggest since 2011.
    "The re-opening of the economy and relative improvement in unemployment claims helped improve consumers' assessment of current conditions," said Lynn Franco, senior director of economic indicators at The Conference Board.
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    Consumer confidence in June jumped the most since 2011, beating economists' expectations, as the...
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  • US consumer confidence rises to 98.1 in June

    US consumer confidence rises to 98.1 in June

    16 days ago - By Chron

    WASHINGTON - U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains.
    The Conference Board, a New York-based research organization, said that its Consumer Confidence Index rose to 98.1 in June after virtually no change at 85.9 in May.
    Even with the June rebound, the confidence index remains well below its pre-pandemic levels. The reading on consumer confidence is closely watched for clues it can give about future consumer spending, which accounts for 70% of economic...
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  • U.S. consumer confidence for June jumps more than expected

    16 days ago - By CNBC

    Consumer confidence rose more than expected in June as the U.S. loosened stay-at-home restrictions, according to data released Tuesday.
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  • Alert: US consumer confidence rises to 98.1 in June but virus resurgence could dampen future gains

    16 days ago - By Chron

    WASHINGTON - US consumer confidence rises to 98.1 in June but virus resurgence could dampen future gains.
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