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Consumer Confidence Slips Amid Rising Costs | Irvine News
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Consumer confidence just took a hit as the Conference Board’s index dropped to 90.8—down from 92.2 in June—thanks mostly to rising gas prices back to around $4.10 a gallon, shrinking job market outlooks, and ballooning grocery bills. With three straight months of decline in business and employment sentiment, and global tensions with Iran looming, everyday costs and world events are reshaping how Americans feel about the economy.
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