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Consumer confidence slumps, home prices rise

U.S. consumer confidence dropped in June after rising for three months, adding to the view the economic recovery is slowing, while home prices unexpectedly climbed in April.
The report Tuesday from The Conference Board, an industry group, showed the drop in confidence came from worries about the labor market which has [...]

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Retail sales slump but consumer mood perks up

Sales at U.S. retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June tempered fears of a slowing economic recovery.
The drop in sales reported by the Commerce Department on Friday reflected weak gasoline prices [...]

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Consumer credit rises, but remains weak

consumer credit rose modestly in April but remained depressed as Americans shied away from taking on new debt amid high
The Federal Reserve said on Monday total outstanding credit to U.S. consumers, everything from car loans to credit card accounts, rose by $955 million during April to $2.44 trillion, only the [...]

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