Consumer confidence weakened in July
Tuesday, July 30, 2013 1:50 PM
U.S. consumer confidence pulled back in July as consumers were less optimistic about the outlook for the economy and labor market, according to a private sector report released today, Reuters reported. The Conference Board, an industry group, said its index of consumer attitudes slipped to 80.3 from an upwardly revised 82.1 in June. Consumers were not so gloomy about their current standings, with the present situation index rising to 73.6 from 68.7, the highest level since May 2008.