Consumer Confidence Slips in June

[Stay on top of transportation news: .]

Consumer confidence fell this month from a six-year high in May, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The month’s final index fell to a reading of 84.1 from 84.5 in May that had been the highest since July 2007.

The reading was higher than a preliminary 82.7 two weeks ago and topped economists’ median forecast a reading of 83, Bloomberg News reported.

The index averaged 64.2 during the recession that ended in June 2009 and 89 in the five years priorto that.



Ìý

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics