July Consumer Confidence: 46.6 vs 49.0 consensus, down from 49.3 in June. The decline was...

|By:, SA News Editor
July Consumer Confidence: 46.6 vs 49.0 consensus, down from 49.3 in June. The decline was aggravated by a worsening job market, as the percentage of consumers claiming jobs are hard to get rose sharply. "More consumers are pessimistic about their income expectations, which does not bode well for spending in the months ahead," Conference Board says.