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2022-08-30

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Consumer Confidence Rises More Than Expected, Stemming Three-Month Decline

Conference Board August Consumer Confidence Index: 103.2 vs. 97.4 expected and 95.3 prior .The measure fell after three straight months of declines as inflation fears eased some but still weigh on consumers' minds.Present Situation Index to 145.4 from 139.7 .Expectations Index to 75.1 from 65.6 ."The Present Situation Index recorded a gain for the first time since March," said Lynn Franco, senior director of Economic Indicators at The Conference Board. "The Expectations Index likewise improved f

Consumer Confidence Rises More Than Expected, Stemming Three-Month Decline

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