|
|
Article: Bad News Hurting Economic Recovery, According to Decision Analyst's June U.S. Economic Index.
- Article from:
- PR Newswire
- Article date:
- July 9, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
DALLAS and FORT WORTH, Texas -- The current crisis of confidence in corporate accounting and the resulting weakness in stock market prices has been dragging down consumer perceptions of the U.S. economy, according to the Decision Analyst U.S. Economic Index for June.
The Index, based on a nationwide Internet survey conducted the last 10 days of the month, indicates that U.S. economic activity held steady in June, dropping only one point - to 111 from May's 112.
Although there was a sharp uptick in consumer reports of increased business activity at their workplaces during June, consumer perceptions of future stock market prices dropped significantly, and ...