The Commercial Appeal
Consumer confidence dips
Consumer confidence dipped slightly in June from May’s five-year high reading, says a private reading released Friday.
The consumer sentiment index from Thompson Reuters and the University of Michigan dropped to 84.1 in June from May’s 84.5. The final June reading was an improvement over the preliminary figure of 82.7 released two weeks ago.
“Consumers now believe the recovery has achieved an upward momentum that will not be easily reversed,” said Richard Curtin, the survey’s chief economist. nounced Friday it had canceled publication of “Paula Deen’s New Testament: 250 Favorite Recipes, All Lightened Up.” Deen’s agent, Janis Donnaud, said four other planned books under contract also were canceled. Resorts Ltd. and MGM Resorts International are among six operators that have shared in the casino boom in Macau, the world’s top gambling market, where gambling revenue topped $38 billion last year, about six times more than the Las Vegas Strip.