Consumer confidence posts solid gain in September

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Confidence post a solid gain this month. US consumer confidence rebounded more quickly in September than most economists had expected. However, it remains far from the levels that were the norm before the pandemic. The Conference board says its consumer confidence index rose sharply by 15 points, largely due to a more favorable view on current business and labor market conditions. Consumer confidence is closely watched for signals about consumer spending. That accounts for 70% of U. S economic

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