Current:Home > StocksUS consumer confidence rises in August as Americans’ optimism about future improves -Zenith Money Vision
US consumer confidence rises in August as Americans’ optimism about future improves
View
Date:2025-04-25 13:44:56
American consumers felt more confident in August as their outlook for the future improved.
The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The measure of Americans’ short-term expectations for income, business and the job market rose to 82.5 from 81.1 in July.
Consumers’ view of current conditions rose to 134.4 in August from 133.1 last month.
Consumer spending accounts for nearly 70% of U.S. economic activity and is closely watched by economists for signs how the American consumer is feeling.
veryGood! (66)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Country star Brandy Clark on finding her musical soulmate and her 6 Grammy nominations
- How often will Taylor Swift be shown during the Super Bowl? Now you can bet on it
- U.S. begins strikes to retaliate for drone attack that killed 3 American soldiers
- Why members of two of EPA's influential science advisory committees were let go
- Chiefs roster for Super Bowl 58: Starters, backups, depth chart for AFC champs vs. 49ers
- A story about sports, Black History Month, a racist comment, and the greatest of pilots
- Virginia music teacher Annie Ray wins 2024 Grammy Music Educator Award
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Alexandra Park Shares Rare Insight into Marriage with One Tree Hill's James Lafferty
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Joe Rogan inks multiyear deal with Spotify, podcast to expand to other platforms
- Oklahoma’s oldest Native American school, Bacone College, is threatened by debts and disrepair
- Fighting for a Foothold in American Law, the Rights of Nature Movement Finds New Possibilities in a Change of Venue: the Arts
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- California bald eagles care for 3 eggs as global fans root for successful hatching
- Last year's marine heat waves were unprecedented, forcing researchers to make 3 new coral reef bleaching alert levels
- Kandi Burruss Leaving The Real Housewives of Atlanta After 14 Seasons
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Funeral held for 7 of the 8 victims in Joliet-area shootings
Powell: Federal Reserve on track to cut rates this year with inflation slowing and economy healthy
Grammys 2024: Nothing in This World Compares to Paris Hilton’s Sweet Update on Motherhood
Taylor Swift makes surprise visit to Kansas City children’s hospital
Inferno set off by gas blast in Kenya's capital injures hundreds, kills several; It was like an earthquake
Grammys 2024: Nothing in This World Compares to Paris Hilton’s Sweet Update on Motherhood
Hamlin wins exhibition Clash at the Coliseum as NASCAR moves race up a day to avoid California storm