https://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-saysContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-sayshttps://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-says#u51619Sat, 29 Aug 2026 10:06:39 +0000US consumer confidence dropped to 89.4 in August, driven by high gas prices and rising inflation. Consumers remain pessimistic about the next six months despite improved perceptions of the job market. This decline occurs amid rising inflation, with July PCE inflation at 3.7%. The Conference Board reported this as the lowest level in seven months.Why it mattersThe decline in consumer confidence is significant as it may impact economic growth and consumer spending. Rising inflation and high gas prices are major concerns for consumers. The Federal Reserve has been monitoring inflation and may con https://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-sayshttps://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-says#u50158Thu, 27 Aug 2026 14:10:31 +0000US consumer confidence dropped to 89.4 in August, driven by high gas prices and rising inflation. The Conference Board reported this as the lowest level in seven months. Consumers remain pessimistic about the next six months despite improved perceptions of the job market. This decline occurs amid rising inflation, with July PCE inflation at 3.7%.Why it mattersThe decline in consumer confidence reflects growing concerns about the economic outlook. High gas prices and inflation are key factors influencing consumer sentiment. The Conference Board's report provides insight into consumer attit https://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-sayshttps://www.live-feeds.com/feed/us-consumer-confidence-falls-in-august-conference-board-says#u49379Thu, 27 Aug 2026 00:55:50 +0000US consumer confidence fell to 89.4 in August, the lowest level in seven months, according to the Conference Board. High gas prices exceeding $4 per gallon drove the decline and dampened the economic outlook. While perceptions of the job market improved, consumers remain pessimistic about the next six months. This drop in sentiment occurs alongside rising inflation, with July PCE inflation hitting 3.7% as beef prices surged 20%.Why it mattersConsumer confidence serves as a primary indicator of future household spending and overall economic health. Persistent energy costs and food inflation are