Consumer Confidence Down, But Poised For Rebound: Recovery Requires Reopening Without Stimulus
- Wednesday, October 7, 2020, 2:16
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Consumer confidence fell to a new low at the start of September. However, the latest data suggests a surge since Monday. This will lead to greater consumer spending and could pave the way for a return to economic vibrancy if states reopen and can credibly reduce peoples’ worries about the virus.
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