American consumers felt more confident in August as their outlook for the future improved.
FILE - A customer walks by No Boundaries merchandise at a Walmart Superstore in Secaucus, New Jersey, July 11, 2024. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
Though the report's topline numbers all improved slightly from July, consumers continued to have mixed feelings about the economy. Write-in responses to the Conference Board's survey were still focused on prices and inflation, even as 12-month inflation expectations fell to their lowest level since March of 2020, when the coronavirus pandemic upended the U.S. economy.
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US consumer confidence rises in August as Americans’ optimism about future improvesAmerican consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday
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US consumer confidence rises in August as Americans' optimism about future improvesAmerican consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.
Read more »