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US consumer confidence fell to 106.1, expectations near recession threshold

US consumer confidence fell to 106.1, expectations near recession threshold
US Conference Board Consumer Confidence fell from 114.0 to 106.1 in August, well below expectation of 116.5. Present Situation Index fell from 153.0 to 144.8. Expectations Index fell from 88.0 to 80.2. Dana Peterson, Chief Economist at The Conference Board: “Consumer confidence fell in August 2023, erasing back-to-back increases in June and July.” “Write-in responses […] The post US consumer confidence fell to 106.1, expectations near recession threshold appeared first on Action Forex... Read More
Posted: Aug 29 2023, 14:17
Author Name: actionforex
Views: 112290

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