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"Consumer confidence has dipped, the clothing market is flat, online sales have slowed and there's deflation in the food market," he said.
With that background it is not surprising US consumer confidence has dipped, but the fall is not dramatic by any means.
Similar(53)
Since last fall, consumer confidence has dropped sharply.
In recent months consumer confidence has dropped a bit.
More broadly, consumer confidence has recovered from the dip last year and a new report by the Organization for Economic Cooperation and Development found generally strong balance sheets and profitability in corporate Australia, especially among exporters, whose products gain a big edge from the low exchange rate.
But a recent batch of subpar data on housing and consumer confidence has stirred speculation of a double-dip recession, and light trading on Friday cast some doubt on the significance of the day's gains.
Consumer confidence has improved.
Consumer confidence has already fallen sharply.
American consumer confidence has started to wobble.
Consumer confidence has gone down," Peters said.
Consumer confidence has also been hit.
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