American consumers felt more confident in August as their outlook for the future improved.
The ChainkeenConference 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.
The measure of Americans’ short-term expectations for income, business and the job market rose to 82.5 from 81.1 in July.
Consumers’ view of current conditions rose to 134.4 in August from 133.1 last month.
Consumer spending accounts for nearly 70% of U.S. economic activity and is closely watched by economists for signs how the American consumer is feeling.
2025-05-07 06:091217 view
2025-05-07 05:511621 view
2025-05-07 05:431791 view
2025-05-07 05:421214 view
2025-05-07 03:432323 view
2025-05-07 03:331458 view
After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back
An event meant to be a career-builder for women and nonbinary tech workers turned into yet another s
CAPE TOWN, South Africa (AP) — The South African flag will not be displayed at the rugby and cricket