US consumer confidence eases in July
Tweet
Share
E-mail
People walk past the Nordstrom Rack store, in New York's Union Square, May 21, 2010. REUTERS/Chip East/File Photo
WASHINGTON, July 28 (Reuters) - 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 MutikaniEditing by Alexandra Hudson)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ukrainian prosecutor to weigh criminal case against Belarus' leader Lukashenko
- South African army chief visits Moscow, agrees to strengthen military ties
- EBay, former executives to pay $56 million to settle couple's harassment case
Create E-mail Alert Related Categories
ReutersRelated Entities
Consumer Confidence IndexSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
