Second US consumer survey drops; impact “temporary”

29 January 2019

 

US consumer confidence collapsed in late 2007 as the US housing bubble burst and the US economy went into recession. By 2016, it had clawed its way back to neutral. Since then, American household confidence has gone from strength to strength. However, the latest figures may cause investors to wonder if the period of US consumer optimism is over.  The latest Conference Board survey indicates US consumers remain quite optimistic...

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