U.S. consumer sentiment darkens

07/14/2013 | Bloomberg Businessweek

U.S. consumer sentiment has taken an unexpected downward turn this month, with the Thomson Reuters/University of Michigan preliminary index easing to 83.9 from 84.1 in June. Looking ahead, however, economists see improvement. "It's a slip in confidence from recent highs rather than the start of a new downward. As we get later in the year and the economy improves, consumers will start to see better numbers and they'll notice that," said Gennadiy Goldberg, a TD Securities strategist.

View Full Article in:

Bloomberg Businessweek

Published in Briefs: