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Tue Aug 27, 2019, 10:38 AM

US Consumer Confidence Dips Slightly in August

Martin Crutsinger, Ap Economics Writer Updated 9:29 am CDT, Tuesday, August 27, 2019

WASHINGTON (AP) — Consumer confidence dipped slightly in August after a big rebound in July.

The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Economists had been looking for a bigger drop in August.

The reading on consumers' assessment of current conditions improved and now stands at its highest level in nearly 19 years.

Conference Board economists say that while other parts of the economy have shown some weakness, consumers have remained confident and willing to spend. The consumer is expected to be key in cushioning the adverse effects to the U.S. economy from trade wars and a global slowdown.

https://www.chron.com/news/article/US-consumer-confidence-dips-slightly-in-August-14381230.php

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Reply US Consumer Confidence Dips Slightly in August (Original post)
RCW2014 Aug 27 OP
Frankenvoter Aug 27 #1
quad489 Aug 27 #2

Response to RCW2014 (Original post)

Tue Aug 27, 2019, 10:51 AM

1. ***

Still trying to pump up that recession I see

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Response to RCW2014 (Original post)

Tue Aug 27, 2019, 10:53 AM

2. ''consumers have remained confident and willing to spend''...

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