|
U.S. WashPost/ABC Consumer Comfort Drops to -51 |
|
|
|
News Archive |
Written by CEP News |
May 27 08 21:07 GMT |
|
|
(CEP News) - A weekly index of consumer comfort continued its decline in the week ending May 28, falling further to -51, a low not seen since 1992, according to the Washington Post and ABC News.
In the previous week, the survey came in at -49. The survey has been below -40 for the past six weeks. The state of the economy reading fell to -80 while the buying climate reading remained unchanged at -62. The personal finance category fell to -10, a 4-point decline from the previous week. The release of the Washington Post/ABC Consumer Comfort survey follows today's release of the U.S. Conference Board's consumer confidence index. The index fell to a 16 year low of 57.2 in May, down from the previous month's upwardly revised reading of 62.3. By Steve Stecyk,
This email address is being protected from spam bots, you need Javascript enabled to view it
, edited by Cristina Markham,
This email address is being protected from spam bots, you need Javascript enabled to view it
|
