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Consumer sentiment slips in late June as confidence in U.S. economic policies slumps to Trump-era low

June 26, 2020


Americans turned slightly more cautious about how quickly the economy will recover from the coronavirus in late June as confidence in Washington’s policies fell to the lowest level during the Trump presidency, according to a closely followed survey of consumer sentiment.

The final results of the consumer-sentiment survey in June slipped to 78.1 from an initial 78.9, the University of Michigan said Friday.

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