Consumer confidence shows sharp rebound in August

August 25, 2015 3:57 PM

41 0

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.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

Read more

To category page

Loading...