Friday, July 13, 2012

Consumer Sentiment Drops to Lowest Level This Year on Labor-Market Fears Read more: Consumer Sentiment Drops to Lowest Level This Year on Labor-Market Fears

Confidence among U.S. consumers unexpectedly declined in July to the lowest level this year as the labor market showed few signs of improvement.
The Thomson Reuters/University of Michigan index of consumer sentiment dropped to 72 this month from June’s 73.2 reading. The gauge was projected to rise to 73.5, according to a median forecast of 69 economists surveyed by Bloomberg News.

No comments: