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U.S. Consumer Confidence Decreases in January

U.S. consumer confidence in January registered at 120.2, falling 6.4% from December 2018, according to The Conference Board survey conducted by Nielsen.

The index measuring current business and labor market conditions decreased slightly from 169.9 in December to 169.6 in January, suggesting economic conditions remain favorable. However, the short-term outlook for income, business and labor market dropped from 97.7 in December to 87.3 in January, likely a temporary response to the government shutdown.  See The Conference Board

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