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Consumer confidence lowest in 2 years

Consumers’ confidence in August dropped almost 15 points to the lowest level since April 2009 as worries about the economy fueled the wildest stock market swings since the financial meltdown in 2008. At a time when Americans are growing increasing worried about a weak job market, higher costs for food and clothing and recent stock… Continue Reading Consumer confidence lowest in 2 years

Consumer confidence inches up in August

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Americans’ confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey. The Conference Board said Tuesday that its Consumer Confidence Index improved slightly to 53.5, up from a revised 51.0 in July. Economists surveyed by Thomson Reuters had expected 50.5. The improvement comes… Continue Reading Consumer confidence inches up in August

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