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December consumer confidence index dropped

Release Date:2012-05-05  Hits:138
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U.S. industry and research institutions the world's largest Enterprise Association data released on the 28th December U.S World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor . consumer confidence index lower than the previous show U.S. consumers are still cautious about the economic situation.


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U.S. Commerce Department reported this month that U.S. economic growth in the third quarter of this year, the final correction value of 2.6%. After the U.S. Congress approved a tax cut plan proposed by the Obama administration, a large number of economic research institute raised its 2011 U.S. economic growth is expected.


based on survey data on 5000 households in the United States in December, the U.SWorld Steel Pipe . consumer confidence index fell to the 52.5,11 month data correction was 54.3. The index of 90 or more is considered state of the economy is healthy growth. Since the U.S. economy into recession since the end of 2007, the index is not always rose to more than 90.


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Conference Board economist, said Lynn Franco, the December index shows that consumers are still optimistic about the current economic situation and job market, the future The outlook remains cautious. Although the data continue to show the economic expansion in 2011, but growth will remain moderate.


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