By Michelle Jamrisko – Jun 26, 2012
Confidence among U.S. consumers declined in June to a five-month low as Americans became less sanguine about the outlook for the labor market and incomes.
The Conference Board’s index dropped for a fourth straight month, to 62 from a revised 64.4 in the prior month, figures from the New York-based private research group showed today. The median forecast of economists surveyed by Bloomberg News called for a reading of 63.
Posted in Economy, Equity Markets, Financial Crisis, Housing demand
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