US consumer confidence April 2020

US consumer confidence April 2020

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A man sporting encounter mask is witnessed shopping at a supermarket in Foster Metropolis, the United States, April 22, 2020.

Li Jianguo | Xinhua by way of Getty Photos

U.S. purchaser confidence tumbled in April as steps to suppress the spread of the novel coronavirus sharply disrupted economic exercise and threw tens of millions of People in america out of operate.

The Conference Board mentioned on Tuesday its client self-assurance index dropped to a looking at of 86.9 this thirty day period from a downwardly revised 118.8 in March. Economists polled by Reuters had forecast the index falling to 87.9 in April from the earlier claimed looking through of 120. in March.

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