Having surged to its highest since August 2001 in the afterglow on Trump’s election victory, Conference Board Consumer Confidence slipped for the first time since October.
Interestingly, while ‘present situation’ rose, hope plunged with ‘expectations’ slumping most since Feb 2016.
Notably, fewer survey respondents believed it was a good time to buy a home, car, or major appliance.
via http://ift.tt/2jqFkUj Tyler Durden