US consumer confidence ebbed in July, with the Conference Board’s consumer confidence index slipping to 90.8 from an upwardly revised 92.2 in June.
Labor Market Perceptions Remain Weak
Households’ perceptions of the labor market remained generally weak, according to a survey. “Consumers’ write-in responses on factors affecting the economy continued to be mostly pessimistic in July,” said Dana Peterson, chief economist at the Conference Board.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
