U.S. consumer confidence at 21-month low

3 weeks ago DieselGasoil Comments Off on U.S. consumer confidence at 21-month low
U.S. consumer confidence at 21-month low

FILE PHOTO: People shop at an H&M store during the grand opening of the The Hudson Yards development, a residential, commercial, and retail space on Manhattan’s West side in New York City, New York, U.S., March 15, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. June consumer confidence fell more than expected, hitting its lowest level since September 2017, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes fell to 121.5, from a downwardly revised 131.3 the month before. The 58 economists polled by Reuters had expected a reading of 131.1.

The reading for the month prior was revised to 131.3 from 134.1.