Wednesday, July 27, 2022

Consumer Confidence Down

 The Daily Caller reports the following from The Conference Board:

Consumer confidence declined for the third straight month in June, according to a survey released Tuesday.

The Consumer Confidence Survey “details consumer attitudes, buying intentions, vacation plans, and consumer expectations for inflation, stock prices, and interest rates,” according to The Conference Board, a non-profit business research group.

The survey, conducted by the technology company Toluna and based on an online sample, currently stands at 95.7, down 2.7 points from 98.4 in June.

Of course, this bad news has negative political consequences for the Democrats, perceived to be “in charge.”