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Consumer Cos Down Amid Growth Fears — Consumer Roundup


Provided by
Dow Jones
Jul 19, 2021 9:25 PM UTC
Shares of retailers and other consumer companies fell amid growing fears that the latest wave of Covid 19 outbreaks and supply-chain disruptions would throw a wrench in the economic recovery.
The rapid rebound in consumer demand from pandemic lows has caused dislocations in commodities and labor markets. In one sign of how these issues are taking their toll on economic activity, home-builder confidence in the U.S. declined in July for the second consecutive month amid continued supply challenges relating to building materials, regulation and labor, according to a measure released by the National Association of Home Builders. ....

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