US consumer confidence up slightly in August
The Peninsula
Washington: Consumer confidence in the United States rose slightly in August, according to survey data published Tuesday, beating expectations and ext...
Washington: Consumer confidence in the United States rose slightly in August, according to survey data published Tuesday, beating expectations and extending a recent increase in optimism.
The Conference Board's consumer confidence index inched higher to 103.3 in August, up slightly from a revised figure of 101.9 a month earlier.
This was comfortably above market expectations, according to Briefing.com.
The modest rise is likely to be well-received by US Vice President Kamala Harris, who is running against former president Donald Trump in November's elections.
The two candidates have looked to talk up their respective economic records, with the cost of living and inflation playing a major role in the campaign.
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