WASHINGTON (MarketWatch)
The University of Michigan-Thomson Reuters
consumer-sentiment index fell to a final June reading of 73.2 -- the lowest
level since December -- from 79.3 in May, according to Friday reports
A
preliminary estimate for June pegged the level at 74.1
Economists polled by
MarketWatch had expected a final June reading of 74, on weak jobs data and
concerns about challenging conditions in the U.S. and overseas
The sentiment
gauge, which covers how consumers view their personal finances as well as
business and buying conditions, averaged about 87 in the year before the most
recent recession
Economists watch sentiment data to get a feel for the
direction of consumer spending.
Welcome
Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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