Confidence of US consumers continues to decline as Americans worry about the future
Release time：2024-05-01 09:42:03 Source：World Weaver news portal
WASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated.
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in April from 103.1 in March.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The index measuring Americans’ short-term expectations for income, business and the job market tumbled to 66.4 from 74 last month. That’s the lowest reading since July of 2022. A reading under 80 can signal a potential recession in the near future.
Consumers’ view of current conditions retreated to 142.9 from 146.8 in March.
Responses to the Conference Board’s survey showed that Americans remain concerned about high prices, particularly for food and gas.
- Previous：Denise Welch confirms she's moved house after knife
- Next：Brazil soccer player Gabriel Barbosa cleared by CAS to play during appeal in doping rules case
Related articles
- ACL injuries are more common in women soccer players than men. We may learn why
- ANDREW PIERCE: Will Keir criticism see Mandy back in the wilderness?
- Japan helicopter crash: Flight data show no sign of mechanical failure
- Lou Groza Award winner Graham Nicholson transferring to Alabama
- North Carolina shootout that killed 4 law officers began as task force tried to serve a warrant
- America's 'most disappointing' tourist attraction is getting a $550M makeover
- Hurricanes get a quick boost from Evgeny Kuznetsov addition to start NHL playoffs
- Damian Lillard sets Bucks' postseason mark with 35 points in opening half vs Pacers
- 5 takeaways from the global negotiations on a treaty to end plastic pollution
- Lauren Sanchez 'begged Kellyanne Conway for help with her public image when they met at a party'
- Alicia Keys, Brian d’Arcy James, Daniel Radcliffe and more react to earning Tony Award nominations
- Cher, Ozzy Osbourne among 2024 Rock & Roll Hall of Fame inductees
- Direct flights resume between Chengdu, Auckland
- Oil consumption back to 2019 levels
- Confidence of US consumers continues to decline as Americans worry about the future
- Glimpses of Beijing through windows and doorways
- Vietnam police arrest assistant to National Assembly chairman — Radio Free Asia
- Moment 'Hardest Geezer' crosses the finish line at the London Marathon in 4hrs 25mins
- Haiti prime minister: transitional council names new leader
- Paintsil sparks Galaxy to 4
Random recommendation
- Copyright © 2024 Powered by Confidence of US consumers continues to decline as Americans worry about the future ,World Weaver news portal sitemap