Consumer confidence rose in the US in August
August 27, 2024
The Conference Board’s consumer confidence index rose to 103.3 points in August, up from an upwardly revised 101.9 points in July. The Current Situation Index, which is based on consumers’ assessment of the business and labor market situation, improved to 134.4 points from 133.1 points in July. In addition, the expectations index, which measures short-term prospects, also rose to 82.5 after a revised reading of 81.1 in July. This was the second month in a row that the index remained above 80 points.
