Economic Snapshot: Consumer confidence at 11-month high

Consumer confidence, which had decreased slightly in July, increased in August by almost five points – from 96.7 to 101.1. This is the index’s highest reading since September 2015. The Present Situation Index jumped from 118.8 to 123.0 and the Expectations Index rose from 82.0 to 86.4. Consumers stating business conditions are “good” increased from …
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