American consumers lost confidence

index of U.S. consumer confidence fell to its lowest level in five months, due to worries about the job market in the context of the economic outlook uncertain, the results of a survey announced today 27/7.

American job market is forecast to continue bleak - Photo: AFP.

index of U.S. consumer confidence fell to its lowest level in five months, due to worries about the job market in the context of the economic outlook uncertain, according to a survey results announced today 27/7.

AFP news agency reports of leading research firm said the Conference Board index, U.S. consumer confidence has plummeted from 54.3 points in the previous month, down to 50.4. This is the lowest level since February to date.

Before that, most economic analysts are predicting, this index dropped 51 points in July.

However, the report also showed that consumers plan to buy mobile phones and household appliances are marginally better in July. Theresa Chen experts identified under Barclays Capital, this is a good signal.

"Consumer confidence fell sharply in July is because consumers continue to worry more about short-term prospects of economy, "Lynn Franco, director of consumer research center of the organization Conference Board, said.

The site senior analyst at Briefing.com said that" the review detailed in the report in July, it is clear that unemployment and recession concerns weighed heavily on the dual is the psychology of consumers. "

In addition," the worry deposited on the conditions of trade and labor markets are overshadowed consumers. This can not be improved unless the job market recovery, "said director Franco.

Last week, Chairman Federal Reserve (Fed) Ben Bernanke also warned, economic prospects are uncertain and the Fed will intervene if necessary.

for Fed Chairman , this agency is expected to rebound gradually in the next few years, but acknowledged that prospects for economic growth is uncertain, while the job market can recover more slowly than anticipated.

He said, "will continue to carefully assess the economic situation, ongoing fiscal, while preparing to launch additional policies necessary to promote full utilization of energy Production of the country in the context of price stability. "

(According Vneconomy)