Consumer confidence slips to six-month low. Americans 'gloomy' about economy

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U.S. consumer confidence slips to a six-month low

The numbers: A survey of consumer confidence slipped in May to a six-month low of 102.3, as Americans remained gloomy about the economy and said jobs were getting harder to find.

Consumer confidence tends to signal whether the economy is getting better or worse. The index remains well below the levels associated with a healthy economy.Key details: A confidence gauge that looks ahead six months edged down to 71.5 in April from 71.7. Big picture: Americans say they are very worried about the economy, but they are not exactly acting like it. They are dining out, traveling and flying in large numbers and still spending plenty of money on new cars.

 

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