USA-Michigan confidence index all-time low

WASHINGTON, June 10 (Archyde.com) – U.S. household sentiment has deteriorated far more than expected since early June to its lowest level in more than 40 years, preliminary survey results showed on Friday. monthly from the University of Michigan.

Its confidence index fell to 50.2 after 58.4 in May, the lowest since the creation of the survey, while economists and analysts polled by Archyde.com expected an average figure of 58.0.

The consumer judgment component on their current situation fell to 55.4 from 63.3 the previous month, and the outlook component fell to 46.8 from 55.2, the lowest since May 1980.

(Rdig par Marc Angrand)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.