Consumer confidence fell in June
June 28, 2002,
New York — With Americans growing increasingly antsy about a weakening job market and short-term economic conditions, and further rattled by a barrage of reports about corporate malpractice, consumer confidence fell in June to its lowest level in the past four months, The Conference Board reported.
The benchmark indicator slumped by 3.9 percent, to a new reading of 106.4, snapping a four-month string of steady gains that began in February.
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