Consumer Confidence Toward Economy, Tech Spending Slipped in May, CEA Says
Consumer confidence toward the overall economy and technology spending both fell slightly in May, CEA said in a Tuesday announcement. CEA’s Index of Consumer Expectations, which measures consumer sentiment about the U.S. economy as a whole, decreased 2.4 points from…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
April to 173.7, reflecting “mounting apprehension around the economy,” said Shawn DuBravac, CEA chief economist, in a statement. CEA’s Index of Consumer Technology Expectations, which measures consumer expectations about technology spending fell 2.1 points to 86.6.