More than 60 percent of global consumers downbeat: Nielsen

(Reuters) – Global consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on
Sunday.

The economic outlook, followed by job security, became consumers’ biggest concern in the third quarter, overtaking worries about rising inflation, according to the quarterly survey by global analytics and information company Nielsen.  Read more

Categories: Economics, United States

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