Tag Archives: inflation

Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend. There were also signs Tuesday of cooling in what has been a very resilient U.S. jobs market. The Conference Board, a business research group, said its consumer confidence index tumbled to 106.1 in August from a …

The numbers: The index of U.S. consumer confidence dipped to 106.1 in August from a revised 114 in the prior month, the Conference Board said Tuesday. Economists polled by The Wall Street Journal had forecast a modest pullback to 116 from the initial reading of 117, which was the highest level in two years. The revised July reading was the …