Consumer confidence plunges in May
Associated PressAssociated Press
NEW YORK (AP) — Americans’ confidence in the economy in May had its biggest drop in eight months as consumers fretted about slow hiring, a big stock market drop and the global economy, says a private research group.
The Conference Board says its Consumer Confidence Index now stands at 64.9, down from a revised 68.7 in April. It was the biggest drop since October 2011.
https://news.yahoo.com/consumer-confidence-plunges-may-140420807–finance.html