Consumer confidence

FILE - In this Aug. 11, 2020 file photo, shoppers walk through the Valley Mall in Halfway, Md. U.S. consumer confidence fell for second straight month in August as a resurgence of virus cases in many parts of the country heightened pessimism about the economy. (Colleen McGrath/The Herald-Mail via AP, File)
August 28, 2020 - 10:32 am
WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless. The July gain marked the third straight monthly increase in...
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FILE - This July 21, 2020 file photo shows the New York Stock Exchange. Stocks are drifting close to their record heights in early trading on Wall Street Tuesday, Aug. 25, after the United States and China indicated some progress in trade talks. (AP Photo/Mark Lennihan, File)
August 25, 2020 - 3:26 pm
NEW YORK (AP) — U.S. stocks are drifting close to their record heights Tuesday, as momentum slows on Wall Street. The S&P 500 was up 0.2% in afternoon trading after flipping between small gains and losses for much of the day. The Dow Jones Industrial Average was down 109 points, or 0.4%, at 28,...
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FILE - In this Aug. 11, 2020 file photo, shoppers walk through the Valley Mall in Halfway, Md. U.S. consumer confidence fell for second straight month in August as a resurgence of virus cases in many parts of the country heightened pessimism about the economy. (Colleen McGrath/The Herald-Mail via AP, File)
August 25, 2020 - 10:58 am
WASHINGTON (AP) — U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened pessimism. The Conference Board, a New York research organization, reported Tuesday...
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FILE - In this May 7, 2020, file photo, a person looks inside the closed doors of the Pasadena Community Job Center in Pasadena, Calif., during the coronavirus outbreak. President Donald Trump’s plan to offer a stripped-down boost in unemployment benefits to millions of Americans amid the coronavirus outbreak has thus far found little traction among the states, which would be required to pick up a quarter of the cost to deliver the maximum benefit. (AP Photo/Damian Dovarganes, File)
August 20, 2020 - 11:08 am
WASHINGTON (AP) — The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow. The latest evidence came Thursday with the government's report that the number of workers...
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June 30, 2020 - 10:34 am
WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains. The Conference Board, a New York-based research organization, said that its Consumer Confidence...
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FILE - In this April 21, 2020, file photo, a man rides his bike on Waikiki Beach in Honolulu. The coronavirus pandemic has been particularly brutal to the tourism-dependent economies of Nevada and Hawaii, lifting the unemployment rate in both states to about one-quarter of the workforce. (AP Photo/Caleb Jones, File)
May 26, 2020 - 3:07 pm
WASHINGTON (AP) — U.S. consumer confidence inched up this month, showing signs of stabilizing, but remained near a six-year low in the face of the widespread business shutdowns that have sent the economy into recession. The Conference Board said Tuesday that its confidence index ticked up to a...
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A man walks past a closed business, Wednesday, April 29, 2020, in Chagrin Falls, Ohio. The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record. (AP Photo/Tony Dejak)
April 30, 2020 - 10:58 am
WASHINGTON (AP) — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s. Roughly 30.3 million people have now filed for jobless aid in the six weeks since the...
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A woman wearing a protective mask walks past a closed children's clothing store in the Hispanic, Little Village in Chicago, Wednesday, April 15, 2020. The first U.S. economic indicators to capture the devastation brought on by the pandemic have begun to arrive, showing a plunge in retail sales exceeding what happened during the economic crisis a decade ago. (AP Photo/Charles Rex Arbogast)
April 15, 2020 - 6:53 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ________________________ NUMBERS TELL A GRIM STORY: Data just emerging paints a...
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The dining section is closed off at East Side Pockets, a small restaurant near Brown University, Wednesday, March 25, 2020, in Providence, R.I. President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch: Economies run on confidence, and that is likely to be in short supply for as long as coronavirus cases in the United States are still rising. (AP Photo/David Goldman)
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March 31, 2020 - 10:57 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt. The Conference Board reported Tuesday that its confidence index dropped to a reading of 120 in March from February's 132.6. It...
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Britain's Chancellor of the Exchequer Rishi Sunak, centre, stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London, Wednesday, March 11, 2020. Britain's Chancellor of the Exchequer Rishi Sunak will announce the first budget since Britain left the European Union. Sunak is flanked by his team of treasury ministers . (AP Photo/Frank Augstein)
March 11, 2020 - 11:03 am
LONDON (AP) — Britain took dramatic steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) package of measures to keep individuals and businesses afloat and the Bank of England slashed its key interest rate to a...
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