16.6.11

Consumers’ Expectations Decline to Lowest in Two Years in Bloomberg Index

Americans’ views on the economy’s outlook soured in June, showing that unemployment, inflation and the slump in housing are concerning consumers.
The Bloomberg gauge of economic expectations dropped to minus 31 this month, the lowest level since March 2009, from minus 16 in May. The Consumer Comfort Index, issued weekly, improved to minus 44 in the period to June 12, the highest level since mid April, from minus 45.9 as fuel prices kept falling.

http://www.bloomberg.com/news/2011-06-16/consumers-expectations-decline-to-lowest-in-two-years-in-bloomberg-index.html

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