Consumer confidence falls in June

Courtesy Topix - Business News  Wed, 07/01/2009 - 05:50

NEW YORK -- Americans - whose hope for the economy had been rising since March - unexpectedly lost faith this month, pushing down a widely watched barometer.The New York-based Conference Board said Tuesday that its Consumer Confidence Index now stands at 49.3, down from its revised May level of 54.8.Because consumer spending accounts for more than ...


 

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