Consumer Confidence Shows Increased Optimism But Concerns Linger
==========
Consumer confidence in the U.S. rose to 103.3 in August 2024 from 101.9 in July; Present Situation Index improved to 134.4 from 133.1; Expectations Index increased to 82.5 from 81.1; Report cutoff date was August 21, 2024; Concerns linger about the labor market and future income; Job growth averaged 174,000 per month for the year ending March 2023, down from 242,000; Confidence declined for consumers under 35 and those earning less than $25K; Chief economist Dana M. Peterson noted financial market turmoil and high essential costs affecting confidence.
#ConsumerConfidence #Economy #JobMarket #Inflation #UsDepartmentOfLabor #ConferenceBoard #DanaMPeterson #FinancialMarket #LaborMarket #EconomicOutlook
https://www.newsweek.com/us-economy-consumer-confidence-job-market-concerns-1945015
Newsweek /
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2024-08-27 17:15:27
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2024-08-27 17:15:27Event JSON
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"content": "Consumer Confidence Shows Increased Optimism But Concerns Linger\n==========\n\nConsumer confidence in the U.S. rose to 103.3 in August 2024 from 101.9 in July; Present Situation Index improved to 134.4 from 133.1; Expectations Index increased to 82.5 from 81.1; Report cutoff date was August 21, 2024; Concerns linger about the labor market and future income; Job growth averaged 174,000 per month for the year ending March 2023, down from 242,000; Confidence declined for consumers under 35 and those earning less than $25K; Chief economist Dana M. Peterson noted financial market turmoil and high essential costs affecting confidence.\n\n#ConsumerConfidence #Economy #JobMarket #Inflation #UsDepartmentOfLabor #ConferenceBoard #DanaMPeterson #FinancialMarket #LaborMarket #EconomicOutlook\n\nhttps://www.newsweek.com/us-economy-consumer-confidence-job-market-concerns-1945015",
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