Consumer confidence fell in June
June 28, 2002,
New York — With Americans growing increasingly antsy about a weakening job market and short-term economic conditions, and further rattled by a barrage of reports about corporate malpractice, consumer confidence fell in June to its lowest level in the past four months, The Conference Board reported.
The benchmark indicator slumped by 3.9 percent, to a new reading of 106.4, snapping a four-month string of steady gains that began in February.
Related Content By Author
1200 Suppliers are Ready for You at Intertextile Shanghai
Home & Textiles Today eDaily
Most Viewed Articles
See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.