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Consumer confidence running high at the start of 2020, hits biggest peak in 5 months

February 25, 2020

The numbers: Americans began 2020 with the most confidence in the economy since last summer, buoyed by an interim trade deal with China, a soaring stock market and the lowest unemployment rate in 50 years.

The closely followed index of consumer confidence climbed to a five-month high of 131.6 in January from a revised 128.2 in the prior month. It was the strongest reading since last August, the Conference Board reported Tuesday.

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