Economic Report: Consumer confidence slips at start of 2023 as U.S. recession worries grow

by | Jan 31, 2023 | Stock Market

The numbers: A survey of consumer confidence slipped in January to 107.1, reflecting growing worries about a potential recession as rising interest rates and high inflation degrade the U.S. economy. The closely followed index fell almost 2 points from 109 in December, the nonprofit Conference Board said Tuesday. Economists polled by The Wall…

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