Mon, 13 Feb 2012 08:22:47 GMT
US consumer confidence declines more than expected in February
US customer confidence fell more than predicted in early February as improving employment data did not manage to offset worries about steady wages. The consumer sentiment index, estimated by Thomson Reuters/University of Michigan decreased from 75 last month to 72.5 in February. Analysts earlier predicted the index to be at 74.8. The unexpected drop is associated with the surge in crude price