US Consumer Confidence Edged Down in July
15 Articles
15 Articles
Watch Consumer Confidence Falls on Labor Market Worries
(New York = Yonhap News) Correspondent Lee Ji-heon = The consumer confidence index, which quantifies the economic conditions and outlook perceived by U.S. consumers, worsened in July.
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The Consumer Confidence Index (CIC) dropped 0.4 point in July to 88.3 points, reported on Monday (27) the Getulio Vargas Foundation (FGV). In addition to being the third consecutive decline, it was the worst result in five months, the lowest rate since February (-1.2 point). It also led the indicator to the lowest level since February (86.1 points). For Anna Carolina Gouveia, FGV economist responsible for the indicator, the lowest level of consu…
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