Arab Today, arab today us consumer sentiment dips in january
Last Updated : GMT 06:41:10
Arab Today, arab today
Arab Today, arab today

US consumer sentiment dips in January

Arab Today, arab today

Arab Today, arab today US consumer sentiment dips in January

Washington - XINHUA

U.S. consumer sentiment dropped in January after jumping to a five-month high in December, as Americans felt less optimistic about long term economic prospects, a survey showed Friday. The final reading of the consumer sentiment index in January dipped to 81.2 from 82.5 in December, according to the monthly Thomson Reuters/University of Michigan survey of consumers. That was slightly better than a preliminary reading of 80.4 earlier this month. The sub-index of current economic conditions, which reflects Americans' perceptions of their financial situation and whether they consider it a good time to buy big-ticket items like houses or cars, fell to 96.8 in January from 98.6 in December. The sub-index gauging consumer expectations for six months from now, which more closely projects the direction of consumer spending, declined to 71.2 in January from 72.1 in the prior month. "Despite the recent economic gains, consumers' outlook for their finances as well as the national economy over the longer term have remained more resistant to improvement than in past recoveries," survey director Richard Curtin said in a statement. "It has been sustained by the growing recognition that no federal policy has yet emerged that will restore long term economic prosperity anytime soon for the majority of consumers," he noted. The consumer sentiment index, released twice each month, one preliminary and the other final, averaged 64.2 during the latest recession from December 2007 to June 2009, and was at 89 in the five years leading up to the recession.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us consumer sentiment dips in january Arab Today, arab today us consumer sentiment dips in january

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us consumer sentiment dips in january Arab Today, arab today us consumer sentiment dips in january

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday