US consumer confidence falls in July on worries about future

July 28, 2015 5:18 PM

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US consumer confidence falls in July on worries about future

WASHINGTON (AP) — The Conference Board says its index of consumer confidence dropped this month on worries about the future.

The index fell to 90.9 in July from a revised 99.8 in June. Consumers’ assessment of current conditions fell slightly to 107.4 from 110.3, but their outlook for the future dropped sharply to 79.9 this month from 92.8 in June.

Also read: Economy: Jobless claims drop to lowest since 1973; housing starts jump 11%

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