Consumer confidence deteriorated in the world's largest economy
Deterioration in consumer confidence occured in October in the US economy, according to the sentiment index of the Conference Board research firm released on Tuesday.
The October index decreased to 98.6 points from the 103.5 points of September.
The assessment of the current state of the economy decreased from 127.9 points to 120.6 points, while the consumer expectations sub-index decreased from 87.2 points to 83.9 points. (MTI)
Related news
Fitch Ratings: stronger than previously expected global economic growth is expected this year
Stronger-than-expected world economic growth is likely for this year, according…
Read more >Growth in retail sales has stalled
In April, the momentum of the recovery of retail trade…
Read more >In April, the personal consumption price index stagnated in the United States
In April, the personal consumption expenditures (PCE) price index excluding…
Read more >Related news
Krisztina Máté: “You can’t make up for the important things afterwards”
Trade magazine’s Business Podcast continues Krisztina Máté, producer of the…
Read more >Amazon in AI partnership to help brands measure ad performance
Amazon is collaborating with an artificial intelligence-enabled market insight platform…
Read more >