US Consumer Sentiment Declines
World Economy

US Consumer Sentiment Declines

Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans’ outlook for the US economy in the coming year, Bloomberg reported. The University of Michigan consumer sentiment final index for the month fell to 91.9 from 93.1 in July. The median projection in a Bloomberg survey of economists called for a reading of 93, little changed from the preliminary reading of 92.9. A measure of prospects for the economy over the next 12 months was the weakest since November. Confidence withered in the second half of the month after US stocks plunged on concerns about the Chinese economy.


Short URL : https://goo.gl/6Ij3m3
  1. https://goo.gl/e0B6Lp
  • https://goo.gl/DfdcGR
  • https://goo.gl/3C4nSB
  • https://goo.gl/TTjY4m
  • https://goo.gl/9H2Kdn

You can also read ...

India is too poor to grow without exporting.
A trade war would bring forward the next financial crisis...
Turkey’s January industrial output rose an annual 12%.
The International Monetary Fund on Thursday revised up its...
Online searches for “bitcoin” fell 82% from December highs.
Suddenly, Bitcoin seems a bit boring. It might be hard to...
Global consumer confidence Primary Index in March has risen to 50.6, tying the record high set in January 2018.
Simmering fears of a global trade war; an embarrassing...
MSS Market in ASEAN Shows 22.3% Growth
The Managed Security Services market in ASEAN continued its...
Nippon Steel seeks a sharper edge in specialty products.
Nippon Steel & Sumitomo Metal will buy Swedish counterpart...
EBRD’s First Lebanon Deal
The European Bank for Reconstruction and Development has made...
Singapore Exports Fall
Singapore’s key non-oil domestic exports unexpectedly declined...