It goes down in February consumer confidence in the United States. The data collected by the University of Michigan decreases at 72,5 basis points, from 75 points in January. This is a bigger drop than analysts expected, who had expected a slight decrease to 74,8. Meanwhile Wall Street travels in the red: the Dow Jones falls by 1,01% and the Nasdaq by 0,89%.
Usa, consumers: Michigan index below expectations
The figure drops to 72,5 basis points, from 75 points in January – Analysts had expected a much smaller decrease, to 74,8 basis points – Wall Street is traveling in the red.