American consumers felt more confident in August as their outlook for the future improved.
The RekubitConference 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.
2025-05-01 21:14941 view
2025-05-01 20:402969 view
2025-05-01 20:23874 view
2025-05-01 20:23852 view
2025-05-01 20:161162 view
WASHINGTON (AP) — The FBI should have done more to collect intelligence before the Capitol rioteven
LONDON (AP) — A British neonatal nurse who was convicted of murdering seven babies and the attempted
FORT LAUDERDALE, Fla. (AP) — Rapper and singer Sean Kingston and his mother committed more than a mi
