U.S. consumer sentiment index falls in June: Thomson Reuters/IPSOS

U.S. consumer confidence fell 1.7 percentage points in June, declining for the second consecutive month and to its lowest level this year, a survey released on Wednesday showed. The Thomson Reuters/IPSOS Primary Consumer Confidence Sentiment Index fell to 55.0 in June from 56.7 in May. The Thomson Reuters PCSI comes out two days before the University of Michigan consumer sentiment index and independent testing has shown up to a 90 percent correlation between the PCSI and University of Michigan survey and up to a 93 percent correlation with the Conference Board Consumer Confidence Index.

U.S. consumer sentiment index falls in June: Thomson Reuters/IPSOS source: http://finance.yahoo.com/news/u-consumer-sentiment-index-falls-150905235.html