The consumer confidence index for June dropped to 98.7 from May's revised reading of 103.2, which was adjusted downward by more than 3 points
Minneapolis US consumer confidence continues to sour in the face of high gas and food prices and rising recession risks, according to new data released Tuesday from The Conference Board.
The consumer confidence index for June dropped to 98.7 from May's revised reading of 103.2, which was adjusted downward by more than 3 points.Driving down the overall level was a steep decline in consumers' expectations for the next six months. The expectations index fell from 73.7 to a reading of 66.4 -- the lowest level in nearly a decade, according to the report.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
U.S. Capitol riot panel promises new evidence at surprise Tuesday hearingA U.S. congressional committee plans to reveal new evidence about the Jan. 6, 2021, assault on the U.S. Capitol by Donald Trump's supporters at a public hearing on Tuesday it hastily announced a mere 24 hours earlier.
Les mer »
U.S. stocks open higher Tuesday as investors await consumer confidence dataU.S. stocks opened higher Tuesday, with all three major benchmarks attempting to bounce from the previous session. The Dow Jones Industrial Average undefined...
Les mer »
Average US gasoline price drops 4 cents to $5.05 per gallonIt was the first drop in nine weeks and came with a drop in oil prices amid deepening global inflation fears, industry analyst Trilby Lundberg said.
Les mer »
Average U.S. gasoline price drops 4 cents, to $5.05 a gallonThe average price at the pump as of Friday was still $1.90 higher than it was one year ago.
Les mer »
Gold Price Forecast: XAU/USD bulls eye $1,840s for sessions ahead on US dollar weaknessGold Price Forecast: XAU/USD bulls eye $1,840s for sessions ahead on US dollar weakness By fx_ross Gold DollarIndex Technical Analysis Commodities
Les mer »
Gold Price Forecast: XAU/USD bounces off $1,820 support zone, focus on US data, Fed’s PowellGold Price Forecast: XAU/USD bounces off $1,820 support zone, focus on US data, Fed’s Powell By anilpanchal7 Gold RiskAppetite XAUUSD Fed Recession
Les mer »