US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Key Highlights
- US consumer confidence fell in August to the lowest level since the start of the year on a deteriorating outlook for business conditions and the labor market.
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
US consumer confidence fell in August to the lowest level since the start of the year on a deteriorating outlook for business conditions and the labor market.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
More in Banking & Economics
Continue reading verified coverage and related developments on this desk.
More from Banking & Economics
Latest developments and reports from the desk
Fed’s Warsh Lays Out Data Dashboard to Read US Economy
Federal Reserve Chairman Kevin Warsh used his keynote speech in Jackson Hole, Wyoming, last week to map out some of the key data points he leans on to read the US economy, offering new insight into his approach to…
Fed’s Williams Says Inflation Continuing to Trend Down
Federal Reserve Bank of New York President John Williams said there’s evidence inflation continues to ease as the impact of tariffs fades while higher energy prices are not spreading to other services.
ADP Says US Companies Added 38,000 Jobs in August
Private payrolls rose by 38,000 in August according to ADP research. Economists expected a gain of 47,000. This was the smallest increase since the start of the year. Bloomberg's Michael McKee reports. (Source:…