Lower than expected US consumer confidence
Published on August 30, 2011 by IFX | NEWS · No Comments
US consumer confidence fell to 44.5 points in August compared to the previous month's 59.2.
The market consensus was looking for a reading of 51.9 points.
The expectations sub-index fell to 51.9 points from 74.9. The current situation index fell to 33.3 from the preliminary 35.7.
According to Lynn Franco, director of The...