Consumer Confidence

By: Associated Press
By: Associated Press

Americans are a little less confident about the economy.

The AP-Ipsos consumer confidence index slipped 1.5 percent from early December to early January.

The weakness came from lowered expectations about current economic conditions, personal finances and job prospects. The poll found a stronger reading in expectations for the future.

The slight decline comes after a more than 4.5 percent rise in early December.

Analysts say they're not too worried about the finding. They're expecting solid advances through the year as consumers react to a rebounding job market and falling energy prices.

Consumer sentiment flagged in the late summer as the economy and job growth slowed significantly.

The chief economist at Standard and Poor's says consumers, in general, "are feeling more confident now."


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