US Consumer Confidence Rises on Views of Economy, Inflation
- Conference Board index climbed to 103.3 in August from 101.9
- Share saying jobs currently hard to get at three-year high
This article is for subscribers only.
US consumer confidence rose to a six-month high in August as more upbeat views of the economy and inflation offset waning optimism about the labor market.
The Conference Board’s gauge of sentiment increased to 103.3 from an upwardly revised 101.9 a month earlier, data out Tuesday showed. The median estimate in a Bloomberg survey of economists called for a reading of 100.7.