Current location:Worldly Window news portal > opinions
Confidence of US consumers continues to decline as Americans worry about the future
Worldly Window news portal2024-05-22 04:25:24【opinions】1People 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://www.camilleandconfettis.com/article-11b899135.html
Very good!(8242)
Related articles
- Celebrity birthdays for the week of May 26
- Dutch artist Joost Klein expelled from Eurovision, likely to face charges, Swedish police say
- GM's Cruise to start testing robotaxis in Phoenix area
- Buffalo Sabres promote minor
- US overdose deaths dropped in 2023, the first time since 2018
- 3 men charged in the UK with assisting the Hong Kong intelligence service
- Trump hush money trial: A timeline of key events in the case
- Clarifications and corrections
- Digital technologies restore looks of 2,200
- South Carolina governor happy with tax cuts, teacher raises but wants health and energy bills done
Popular articles
- Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
- 'Judge Judy' Sheindlin sues for defamation over National Enquirer, InTouch Weekly stories
- Slovakia upsets the US in OT at ice hockey worlds and Finland eases past Norway
- Eurovision banned the EU flag from the song contest. The EU is angry and wants to know why
Recommended
Sale continues dominant run as Braves beat Padres 3
Families still looking for missing loved ones after devastating Afghanistan floods killed scores
Lok Sabha elections 2024: Voters across 96 constituencies cast vote in fourth round
Chad's opposition leader challenges the results of the presidential elections
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
Eurovision banned the EU flag from the song contest. The EU is angry and wants to know why
City once labeled 'scam capital of America' is now the BEST place to retire
College baseball notebook: Sooners' regular
Links
- Cheng Lei China: Jailed Australian TV anchor jailed releases rare message
- In pictures: Auckland's Ramadan Night Markets in New Lynn
- Unexplained Tākaka death not suspicious
- Hong Kong's exhibition centre axed booking for concert without reason, says pro
- Gay Games Hong Kong unfazed by potential censorship, organiser says
- Winston Peters discusses Gaza ceasefire with UN Secretary
- VOX POPULI: LDP’s Nikai’s ‘expenditures’ on books must make libraries weep
- Pressure grows on Angela Rayner to quit as Labour deputy leader over housing row police probe
- VOX POPULI: Sudden death of Navalny shows dangers of the truth in Russia
- Two US Navy sailors arrested on charges tied to national security and China