Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3970 Registered: 05-2011 Posted From: 24.164.46.35
Rating: N/A Votes: 0 | Posted on Tuesday, January 25, 2022 - 10:23 am: | |
Consumer confidence slips in January as outlook takes a hit The Conference Board's Consumer Confidence Index dropped to 113.8 (Briefing.com consensus 112.0) from a downwardly revised 115.2 (prior 115.8) in December. The dip came after three consecutive monthly increases but is still well above the 87.1 reading registered in the same period a year ago. The key takeaway from the report is the moderation in the outlook, which points to some potential weakening economic activity in the short term. The Present Situation Index increased to 148.2 from 144.8. The Expectations Index fell to 90.8 from 95.4. |