Consumer confidence drops in May
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Manufacturing News, Source : TheManufacturer.com
Published : 28 May 2004 16:30
US consumer confidence dropped in May for the second month in a row according to the University of Michigan consumer sentiment index. May’s final reading was 90.2, down from April’s reading of 94.2.
US consumer confidence dropped in May for the second month in a row according to the University of Michigan consumer sentiment index. May’s final reading was 90.2, down from April’s reading of 94.2.
Economists suggest that high oil prices, a weakened stock market, and war overseas are most likely to blame
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