July 23, 2014
5:13 pm
Listener Club
Richard Curtin, Director of Surveys

CONSUMER CONFIDENCE DOWN IN LATEST SURVEY


Consumer confidence fell in September as consumers were more likely to anticipate a slower pace of economic growth, fewer job opportunities and less favorable personal financial prospects. That's according to the University of Michigan/Thomson Reuters Surveys of Consumers. While few consumers expected a federal shutdown, complaints about the economic policies of the government have risen, according to U-M economist Richard Curtin, director of the surveys. Spontaneous negative references to the government's policies were twice as high as three months ago, although still below the levels recorded during last December's fiscal cliffhanger.
 
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