Subscribe to the BlogThe US market saw decline of the consumer confidence. It had fallen more than it was expected, in February. The experts say that the decline is owing to continued job threats and unemployment. There was no improvement in job growth. Also the impaired household finances has had an impact on the low consumer confidence statistics.
There is a sharp decrease in people who feel that there would be a increase in their income and the number of people who feel that getting a job in a hard task has gone higher reveals a study.
The increase in jobless claims indicate that the unemployment is only growing.