Christmas Us Consumer Confidence Tumbles In Crucial Holiday Season Et A closely watched gauge for u.s. consumer confidence tumbled to a reading of 88.6 in december as rising coronavirus cases dragged american optimism to its lowest level since summer. A closely watched gauge of u.s. consumer confidence tumbled in december as rising coronavirus cases dragged american optimism to its lowest level since the summer. the december reading of 88.6.
U S Consumer Confidence Tumbles In Crucial Holiday Season Pbs Ne Us consumer confidence tumbles in crucial holiday season a closely watched gauge for u.s. consumer confidence tumbled to a reading of 88.6 in december as rising coronavirus cases tamped down. Silver spring, md. (ap) — a closely watched gauge for u.s. consumer confidence tumbled to a reading of 88.6 in december as rising coronavirus cases dragged american optimism to its lowest level since summer.rising pessimism is spreading during the crucial holiday season, which could make or break a number of retailers, restaurants, gyms and other places hammered by the pandemic. Us consumer confidence tumbles in crucial holiday season consumer confidence is closely watched watched by economists and investors as it can signal how willing or able u.s. households are to spend. It may be an ominous sign for an economy in which consumer spending accounts for 70% of all economic economic activity. the commerce department reported last week that u.s. retail sales fell a.
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