In February, the U.S. Consumer Confidence Index dropped to 46 points, which is 10.5 points lower than last month. Such data published research organization, “Conference Board”.

According to the channel “Vesti” , so massive decline was a surprise professionals on Wall Street who predicted the fall of the index in February only to 55 points.

Until this fall, experts noted the smooth growth of the index over the previous three months, which amounted to a total of 7 , 8 points. And only in January, the index rose by 2,9 points to 56,5 points, which was the highest level since September 2008.

According to analysts, such a sharp change from cautious optimism to pessimism among Americans due to the continuing instability in the labor market. Despite the fact that in early February it was announced on reducing unemployment in the U.S. to 9.7%, the inhabitants of the country did not consider it a good sign. In addition, experts say, Americans see no signs of improvement in the economy as a whole.

index of consumer confidence – one of the key economic indicators in the United States, which reflects the population”s attitude to the economic situation in the country, the degree of Americans” confidence in the future and their willingness to spend money on consumer goods and services.

index is calculated based on a survey of about 5 thousand American families that have traditionally been responsible for two major questions: how favorable are now a condition of employment and business development in the United States. American economists have always been closely watching the behavior of this indicator, given that the activity of the U.S. economy by about two-thirds depend on consumer sentiment.

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