WASHINGTON — U.S. consumer confidence rebounded in August to the strongest reading in seven months after having fallen sharply in July.
The Conference Board said Tuesday that its index of consumer confidence increased to 101.5 in August, up from a revised July reading of 91.0. It was the best showing since January.
16:32 Employers added solid 178,000 jobs in Nov11
16:17 Bill Cunningham Calls Joy Behar 'Ugly Broad' Who 'Needs A Muzzle'10
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent14
13:41 Solid Job Growth Strengthens Prospect for a Fed Rate Increase11