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By Matt Ott, Associated Press
The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.5, down from 111.6 in October. It was the lowest reading since the index stood at 95.2 in February.
By Associated Press
The National Retail Federation predicts Americans will spend on average $1,047.83 this holiday season, 4 percent higher than last year.
By Gretchen Frazee
Consumers' perceptions about the present situation have improved, but future expectations frayed in October.
By Martin Crutsinger, Associated Press
The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November.
By Paul Wiseman, Associated Press
An index that measures consumers' assessment of the current economy and their outlook for the next six months slipped but remained historically strong.
Retailers placed their holiday orders with overseas manufacturers months ago, allowing them to avoid some of the tariffs that were placed on China in September.
By Benn Steil, Emma Smith
Going back to 1952, consumer confidence has been a fair guide to presidential election outcomes.
By PBS NewsHour
In other news Wednesday, the House of Representatives passed a compromise on a federal regulatory reform bill after a $19 billion fee on large banks and hedge funds was dropped from the legislation. Also, a former top executive at AIG…
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