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Fortune
Fortune
Dave Smith

Survey says Americans haven't felt this dejected about their income and business prospects in over a decade

A woman rubs her eyes while sitting at a desk (Credit: Ridofranz—Getty Images)
  • Consumer confidence fell for the fourth consecutive month, and consumers' outlook on business conditions and their own income fell to the lowest level in 12 years. The Conference Board says confidence has fallen "well below the threshold…that usually signals a recession ahead."

The Conference Board released its latest Consumer Confidence Survey on Tuesday, which revealed consumer confidence fell for the fourth consecutive month.

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