Analysis

Consumer Confidence Slips in July Due to Slower Job Growth, Higher Food Prices

ANN ARBOR, Mich.–(ENEWSPF)–July 27, 2012.  Consumer confidence slipped in July, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys of Consumers. All of the overall decline was in how consumers viewed future prospects for the national economy. The Surveys, conducted by the U-M Institute for Social Research (ISR), have been monitoring consumer attitudes and expectations for over 60 years.

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