Surprise fall in US consumer data (BBC)

[eppur_se_muova]

US consumer confidence fell more than analysts' had forecast in February, dented by high fuel prices and concerns about the job market, figures show.

The University of Michigan consumer sentiment index was 91.3 in February against 96.9 in January - significantly lower than analyst forecasts of 93.5.

The figures come as investors are questioning the outlook for global growth and markets wobble.

US shares fell on the news, though analysts said declines may be limited.

According to the University of Michigan, its gauge of economic conditions fell to 106.7 in February from 111.3 in January.
***
more: http://news.bbc.co.uk/2/hi/business/6412663.stm

[Roland99]

1. Graph that consumer confidence level with the price of gas

Wonder how closely related they are in movements?

[tanyev]

2. Quelle surprise.

[hatrack]

3. More surprised analysts

How surprising!

:eyes:

[llmart]

4. Why are they always so friggen' surprised???

They must be all incompetent at their jobs as analysts if they're always surprised. What - do they live in a cave?

[neverforget]

5. Because they don't live in the real world like us worker bees?

:shrug:

[progressoid]

6. "dented by high fuel prices"...

imagine what will happen when gas prices really start to rise.