U.S. consumer confidence unexpectedly falls in August


WASHINGTON (Reuters) – U.S. consumer confidence fell for second straight month in August as households worried about the economic outlook.

The Conference Board said on Tuesday its consumer confidence index dropped to a reading of 84.8 this month from 91.7 in July. Economists polled by Reuters had forecast the index edging up to a reading of 93 in August.

Source: reuters.com
[ratemypost][ratemypost-result]

Leave a Reply

Your email address will not be published. Required fields are marked *