U.S. Consumer Sentiment Drops Amid Notable Decline In Expectations

Data : 14/07/2017 @ 12:12
Fonte : RTTF2
Titolo : Pound Sterling vs United States Dollar Spot (GBP/USD) (GBPUSD)
Quotazione : 1.40063  -0.00262 (-0.19%) @ 20:25
Quotazione UK Pound vs US Dollar Grafico

U.S. Consumer Sentiment Drops Amid Notable Decline In Expectations

Grafico Cross UK Pound vs US Dollar (FX:GBPUSD)

1 Anno : Da Feb 2017 a Feb 2018

Clicca qui per i Grafici di UK Pound vs US Dollar

With consumer expectations taking a hit, the University of Michigan released a report on Friday showing a notable deterioration in U.S. consumer sentiment in the month of July.

The preliminary report said the consumer sentiment index dropped to 93.1 in July from the final June reading of 95.1. Economists had expected the index to edge down to 95.0.

The bigger than expected decrease by the headline index came as the index of consumer expectations slid to 80.2 in July from 83.9 in June.

On the other hand, the report said the index of current economic conditions rose to 113.2 in July from 112.5 in June, matching the twelve-year high set in March.

"Overall, the recent data follow the same pattern repeatedly recorded around past cyclical peaks: expectations start to post significant declines while assessments of current economic conditions continue to reach new peaks," said Richard Curtin, the survey's chief economist.

"To be sure, the data do not suggest an impending recession," he added. "Rather, the data indicate that hopes for a prolonged period of 3% GDP growth sparked by Trump's victory have largely vanished, aside from a temporary snap back expected in the 2nd quarter."

On the inflation front, one-year inflation expectations rose to 2.7 percent in July from 2.6 percent in June, while five-year inflation expectations edged up to 2.6 percent from 2.5 percent.

La tua Cronologia
Monte Pasc..
Euro vs Do..
Le azioni che visualizzerai appariranno in questo riquadro, così potrai facilmente tornare alle quotazioni di tuo interesse.

Registrati ora per creare la tua watchlist personalizzata in tempo reale streaming.

Per accedere al tempo reale push di Borsa è necessario registrarsi.

Accedendo ai servizi offerti da ADVFN, ne si accettano le condizioni generali Termini & Condizioni

P:42 V:it D:20180219 19:40:25