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Consumer confidence dips to 100.9 as virus spreads in US
U.S. consumer confidence dipped slightly in October as coronavirus cases continue to rise across the country
By MATT OTT, AP Business Writer
Published: October 27, 2020, 8:22am
SILVER SPRING, Md. — U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country.
The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.8 in September, but still remains well below pre-pandemic levels. This month’s moderate decline follows a sharp rise in September.
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