U.S. consumer confidence rises slightly in July to 16-month high

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The confidence of Americans in the U.S. economy stayed high in July even though an outbreak of the delta strain of the coronavirus threatened to result in governments reimposing some restrictions on individuals and businesses.

The closely followed index of consumer confidence edged up to a 16-month high of 129.1 from a revised 128.9 in June, the Conference Board said Tuesday.

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