WASHINGTON (MarketWatch)
U.S. consumer confidence has declined for a fourth
month, with gloomier views in June on future business conditions and income, the
Conference Board reported Tuesday
The consumer-confidence index fell to 62 in
June -- the lowest level since January -- from a revised 64.4 in May
A prior
estimate for May had pegged the level at 64.9
"If this trend continues,
spending may be restrained in the short-term," said Lynn Franco, director of
economic indicators at the Conference Board, a private research group
Meanwhile, consumers' views on the present situation rose in June
Overall, the
data suggest that there may be "little change" in the pace of near-term economic
activity, Franco said. Generally when the economy is growing at a good clip,
confidence readings are at least 90.
Economists polled by MarketWatch had
expected confidence to decline to 63 in June, driven by weak jobs data, and
ongoing political and economic challenges
Formación Académica y Profesional
Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
Financial Markets Services Consulting, IT CIO ACO Grupo Santander, IBM Global Services Principal, Electronic Data System Client Ececutive
Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
Financial Markets Services Consulting, IT CIO ACO Grupo Santander, IBM Global Services Principal, Electronic Data System Client Ececutive

Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

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