US consumer confidence at six-year low; underscores concerns about economic recovery

US consumer confidence dropped to a more than six-year low in August as households worried about the labor market and incomes, casting doubts on the sustainability of the economy’s recovery from the COVID-19 recession. The second straight monthly decrease in consumer confidence reported by the Conference Board on Tuesday overshadowed an acceleration in new single-family […]

from Daily Times https://ift.tt/3loJcSn