US consumers worried despite strong jobs data

26 November 2015

 

US consumers became less optimistic in the October/November period, predominantly on the back of concerns about the availability of additional work coupled with the view that incomes would fall. The US Conference Board November survey of consumer confidence showed a drop in its confidence index down to 90.4 after October’s drop to 99.1. The result comes as a quite a surprise as financial markets were estimating it would come in...

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