Consumer Confidence Softens in August

U.S. consumer confidence in August registered at 106.1, decreasing 7.9 points from July after two consecutive months of increases, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions shrank 8.2 points to 144.8 in August. The short-term outlook index for income, business and the labor markets fell 7.8 points from July to 80.2. See The Conference Board

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