World
US consumer confidence falls in June: report
NEW YORK : US consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack lab
By
NEW YORK: US consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack labor market and sputtering recovery, according to a private sector report released on Tuesday.
The Conference Board, an industry group, said its index of consumer attitudes fell to 58.5 from a revised 61.7 the month before.
The median of forecasts from analysts polled by Reuters was for a reading of 60.5. Forecasts ranged from 55 to 66.7.
Copyright Reuters, 2011
More Stories
Comments
Comments are closed for this article.