Consumer Confidence Rebounds in August

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001676-consumer-confidence-rebounds-in-august/

By Rex Nutting, MarketWatch

Led by the best assessment of current conditions in nearly four years, U.S. consumer confidence bounced back in August, the Conference Board said Tuesday.

The consumer confidence index rose to 105.6 in August, reversing most of July’s decline to 103.6, the private economic research group said.

Economists were expecting the index to decline further to 100.8, according to a survey conducted by MarketWatch. Other consumer surveys, including the University of Michigan survey, have shown reduced consumer confidence because of rising energy prices.

For this complete story, please visit Consumer Confidence Rebounds in August.

Consumer Confidence Rebounds in August

Unknown Author

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