US consumer confidence falls in latest week-ABC
NEW YORK, June 2 (Reuters) - ABC News said on Tuesday its weekly index on U.S. consumer confidence, after reaching a seven-month high in early May, fell in the latest week. The Consumer Comfort Index dropped to -49 from -47 the prior week.
The index ranges from -100 to +100, and reached a record low of -54, reached in the week to Dec. 1, 2008 and again in the week ended Jan. 25, 2009.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE ------------------------------------------------ 5/31 -49 7 45 24 5/24 -47 8 46 25 5/17 -45 8 48 26 5/10 -42 10 52 25 5/3 -43 9 51 26 4/26 -45 7 50 26 4/19 -47 7 48 25 4/11 -51 5 46 22 4/5 -50 7 45 23
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending May 31 and has a margin of error of plus or minus 3 percentage points. (U.S. Treasury desk; Tel: 646-223-6300)
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