US Consumer Confidence Eases in July
Share
|
Getting your Trinity Audio player ready...
|
U.S. consumer confidence ebbed in July and households’ perceptions of the labor market remained generally weak, a survey showed on Tuesday.
The Conference Board said its consumer confidence index slipped to 90.8 this month from an upwardly revised 92.2 in June. Economists polled by Reuters had forecast the index climbing to 92.3 from a previously reported 91.2 in June.
“Consumers’ write-in responses on factors affecting the economy continued to be mostly pessimistic in July,” said Dana Peterson, chief economist at the Conference Board. “Notably, references to jobs and unemployment picked up lightly.”
(Reporting by Lucia Mutikani; Editing by Alexandra Hudson)
RELATED TOPICS:
Categories
Latest
Videos
Economy /
30 minutes ago
US Consumer Confidence Eases in July
Sports /
43 minutes ago





