Current location:Cultural Caravan news portal > politics
Confidence of US consumers continues to decline as Americans worry about the future
Cultural Caravan news portal2024-05-21 23:38:51【politics】7People have gathered around
IntroductionWASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans co
WASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated.
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in April from 103.1 in March.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The index measuring Americans’ short-term expectations for income, business and the job market tumbled to 66.4 from 74 last month. That’s the lowest reading since July of 2022. A reading under 80 can signal a potential recession in the near future.
Consumers’ view of current conditions retreated to 142.9 from 146.8 in March.
Responses to the Conference Board’s survey showed that Americans remain concerned about high prices, particularly for food and gas.
Address of this article:http://brunei.tom-paine.com/news-00f799257.html
Very good!(4)
Related articles
- Harris accepts debate invite to face off with Trump's VP pick, which may come at convention
- China's real estate giant Evergrande files for bankruptcy
- Japanese PM to US lawmakers: US does not have to confront global challenges alone
- US Postal Service seeks to hike stamp prices to 73 cents
- Hilarious moment mother asks her Cocker Spaniel to help choose her lottery numbers
- Food price hikes stall, thanks to lowered cost of fruit and veges
- Hong Kong's Messi mess: A distraction from more important things
- Japanese PM to US lawmakers: US does not have to confront global challenges alone
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- Wellington workforce reeling from public service job cuts
Popular articles
Recommended
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
Arrest made in NSW fatal hit
HK gov't declines to say how much funding it gave for 'Chubby Hearts'
Pair arrested for alleged theft of $20,000 worth of Lego
The unstoppable duo of Emma Stone and Yorgos Lanthimos
US Postal Service seeks to hike stamp prices to 73 cents
Chinese state media demands British Museum return 23,000 cultural relics
Evergrande's bankruptcy may be just the beginning of China's real estate crisis
Links
- Group tours come back on menu for overseas travelers
- CPC leadership reviews disciplinary inspection report
- The Global Security Initiative
- China hosts 19th Western Pacific Naval Symposium
- China renews blue alert for sandstorms
- Group tours come back on menu for overseas travelers
- Nicole Kidman's kids she shares with ex
- LeBron James EXPLODES on Lakers coach Darvin Ham for not challenging out
- Rory McIlroy and Shane Lowry rally to win Zurich Classic team event
- China's economic growth target feasible, uplifting