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Consumer confidence dips in August signaling cooling
The Conference Board reports its Consumer Confidence Index at 141.1 in August, down from July and below earlier highs. Analysts note a tight labor market, above-inflation wage gains, and upbeat long term growth despite the dip, with mixed views on current conditions and plans for major purchases.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Wall Street
Bryan Jordan
Banc One Investment Advisors
Columbus
Ohio
Conference Board Index
Lynn Franco
Consumer Research Center
Federal Reserve
Fed
Commerce Department
United States