Consumer Confidence Hits 6-Month High In August
RUNSTUDIO By Jennifer Nash The Conference Board’s Consumer Confidence Index hit a six-month high in August. The index rose to 103.3 this month from July’s upwardly revised 101.9. This month’s reading was better than expected, exceeding the 100.9 forecast. The Present Situation Index, which is based on consumers’ assessment of current business and labor market…