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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories
The fresh surge in coronavirus cases sapped the confidence of Americans in early July, pointing to a potentially slower economic recovery from the pandemic or even a longer recession, according to a closely followed survey of consumer sentiment. The early reading of the consumer-sentiment survey in July fell to 73.2 t from 78.1 last month.