U.S. consumer confidence drops in July

[mahatmakanejeeves]

Source: Reuters

Markets | Tue Jul 28, 2015 10:17am EDT
NEW YORK

U.S. consumer confidence weakened in July, due in part to a less optimistic outlook on the labor market, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes fell to 90.9 and was lower than a downwardly revised 99.8 in May. ... The reading marked its lowest level since September 2014.

Economists had forecast a July reading of 100.0,according to a Reuters poll. ... The June figure was originally reported at 101.4.

The report's hard-to-get jobs index rose to 26.7 last month from June's upwardly adjusted 26.1.

(Reporting by Chuck Mikolajczak; Editing by Meredith Mazzilli)

Read more: http://www.reuters.com/article/2015/07/28/us-usa-economy-confidence-idUSKCN0Q21N520150728

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U.S. Consumer Confidence Falls Back Sharply in July

Economy | U.S. Economy

Conference Board research group says consumers showed less optimism about job growth

By Kathleen Madigan
[e-mail]
@MadiganWSJ
July 28, 2015 10:21 a.m. ET

Consumers unexpectedly took a dimmer view of the U.S. economy this month. Householders were especially less optimistic about current and future job growth.

The Conference Board, a private research group, said Tuesday that its index of consumer confidence plunged to 90.9 in July from a revised 99.8 in June, first reported as 101.4.