August's Consumer Confidence Presents a Mixed Bag
8 Articles
8 Articles
Rising Worries about Jobs, Income Offset Optimistic Views in U.S. Consumer Confidence
Rising worries about jobs and income offset more optimistic views of current and future business conditions in the August U.S. Consumer Confidence. The post Rising Worries about Jobs, Income Offset Optimistic Views in U.S. Consumer Confidence appeared first on West Orlando News.
Consumer confidence slips in August as job market, tariffs, and inflation weigh on outlook
U.S. consumer confidence dipped in August as concerns over the labor market, high prices, and tariffs continued to shape Americans’ economic outlook The Conference Board reported Tuesday that its consumer confidence index fell to 97.4 in August, down from 98.7 in July. While the decline was modest and aligned with economists’ expectations, the index has remained within a narrow, weakened range over the past three months. A closely watched measur…
US Consumer Confidence Eases With Inflation Back in Focus - Action Forex
In the US, the Conference Board's August consumer sentiment survey showed a slight weakening, with the index declining to 97.4 (cons: 96.2, prior: 98.7). A rising number of consumers perceive jobs as 'hard to get' and expect fewer jobs to be available over the next six months. Notably, inflation expectations have risen after declining from May to July. This shift mirrors a similar shift in the Michigan survey and could raise concerns for the Fed.
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