Tuesday, July 17, 2007

ABC-Wash Post Consumer Comfort Index falls to -11

(Reuters) - Earlier on Tuesday, Investor's Business Daily and
TechnoMetrica Market Intelligence said their IBD/TIPP economic
optimism index fell deeper into pessimistic territory to 48.2
in July from 49.1 in June, under pressure from higher energy
and food costs.




Two of the three components of the ABC/Post survey were
down as Americans' positive views on their personal finances
and the buying climate fell 3 percentage points each to 55
percent and 36 percent, respectively.


Read more at Reuters.com Economic News

No comments: