U.S. consumer poll reveals plunging confidence

03/6/2013 | Christian Science Monitor, The

Despite buoyant stock and housing markets and other signs of upturn, a new reading of U.S. consumer sentiment registered a sharp decline last month from January. The Christian Science Monitor/TIPP poll of consumer optimism came in at 42.2, down from 47.3 the previous month and well below the 50 neutral mark. Among factors dimming the mood are a "persistently weak" job market and continued shrinkage in incomes, said pollster Raghavan Mayur.

View Full Article in:

Christian Science Monitor, The

Published in Briefs: