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Saturday, Feb 4, 2023

Consumer Confidence Picks Up

The mood of U.S. consumers brightened unexpectedly in August as an improving job market outweighed rising gasoline prices, a survey showed on Tuesday.


The Conference Board said its consumer confidence index rose in August to 105.6 from a revised 103.6 in July. Analysts had predicted a decline in August to a reading of 101.5.


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