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Consumer Confidence Fall to 16-Month Low Amid Inflation Concerns

By June 28, 2022Housing
Consumer confidence dropped again in June as inflation stayed at decades high and continued to temper consumers’ economic outlook, which tumbled to the lowest level in nearly a decade. Though spending intentions for homes, cars, and major appliances held relatively steady, consumer spending will continue to face headwinds from further inflation and rate hikes. The Consumer Confidence Index, reported by… Read More ›