US consumer confidence index falls in latest week-ABC
NEW YORK, Aug 3 (Reuters) - ABC News reported on Tuesday that its weekly index of U.S. consumer confidence fell in the latest week, approaching its record low.
The ABC Consumer Comfort Index fell to -50 for the week ended Aug. 1 from -48 in the previous week, nearing its all-time low of -54, which was reached in the week to Dec. 1, 2008, and then again in the week to Jan. 25, 2009.
The index has not been in positive territory since March 2007.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE ------------------------------------------------ 8/1 -50 8 43 24 7/25 -48 10 43 25 7/18 -45 11 45 26 7/11 -44 11 45 28 7/3 -42 12 47 28 6/27 -41 12 47 29 6/20 -43 10 48 28 6/13 -45 10 46 26 6/6 -43 12 47 26 5/30 -44 10 48 26 5/23 -45 11 47 25 5/16 -44 12 47 25 5/9 -47 10 45 24 5/2 -47 9 45 25 4/25 -49 9 44 24 4/19 -50 8 43 24 4/11 -47 8 47 25 4/2 -43 10 47 28 3/28 -45 9 46 28 3/21 -44 8 47 29 3/14 -43 10 46 29 3/7 -49 8 44 25 2/28 -49 8 44 24 2/21 -50 8 43 24 2/14 -49 8 44 24 2/7 -48 8 47 23
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending Aug 1 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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