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Enviado: 24/6/2003 15:07US consumer confidence dips slightly in June (10:00am ET
WASHINGTON (CBS.MW) - The Conference Board's consumer confidence index fell slightly to 83.5 in June from a revised 83.6 in May.
This is the first drop in confidence in three months. Markets expected a larger decline. Wall Street forecasters had predicted that consumer confidence would fall to 82.4 in June.
Consumers were gloomy about current economic conditions, but were more optimistic about the longer-term. The Expectations Index rose to 95.9 in June - its highest level since last September. The Present Situation Index fell to 64.9, its lowest level since the height of the Iraq war.
The employment outlook was more favorable in June. Those expecting more jobs to become available in six months rose to 19.0 percent from 17.9 percent.
WASHINGTON (CBS.MW) - The Conference Board's consumer confidence index fell slightly to 83.5 in June from a revised 83.6 in May.
This is the first drop in confidence in three months. Markets expected a larger decline. Wall Street forecasters had predicted that consumer confidence would fall to 82.4 in June.
Consumers were gloomy about current economic conditions, but were more optimistic about the longer-term. The Expectations Index rose to 95.9 in June - its highest level since last September. The Present Situation Index fell to 64.9, its lowest level since the height of the Iraq war.
The employment outlook was more favorable in June. Those expecting more jobs to become available in six months rose to 19.0 percent from 17.9 percent.