Consumer Confidence Slips Again | Business and Finance News

Consumer confidence took another hit in July, dropping 3.6 points for the third straight month as people grow more pessimistic about current business conditions and job prospects. While the six-month outlook held steady in negative territory, fewer people see jobs as plentiful and the gap between those who think jobs are easy or hard to find has narrowed. War and geopolitics faded slightly in mentions, but food and grocery prices became more prominent concerns. After a brief June rebound, the overall trend since late 2021 remains a slow decline — and July’s numbers reinforce that people are feeling more cautious than ever. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5a5310e0d02b4f9d