US Conference Board Consumer Confidence plunged from 103.1 to 97.0 in April, well below expectation of 104.0. Present Situation Index fell from 146.8 to 142.9. Expectations Index fell from 74.0 to 66.4. “Confidence retreated further in April, reaching its lowest level since July 2022 as consumers became less positive about the current labor market situation, […]

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