Conference Board: consumer confidence index in the USA in August increased moderately



According to a report by research company Conference Board consumer confidence index in the U.S. in August rose to 122.9 120.0 points versus the previous month.

Analysts predicted achievement August 120.9 index level in comparison with initially announced the July value of 121.1.

The assessment of the current situation in August increased to 151.2 145.4 against last month.

The expectations index rose to 104.0 versus 103.0 in July.

Consumer confidence is one of the key economic indicators of the United States, which reflects the confidence of Americans in the future and, accordingly, their willingness to spend money to purchase consumer goods and services in the near future. The indicator is calculated on the basis of a survey of about 5 thousand American families, who traditionally respond to two basic questions: how favorable, in their opinion, are the conditions for employment and business development in the US currently.




Conference Board: consumer confidence index in the USA in August increased moderately 29.08.2017

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