https://www.live-feeds.com/feed/us-consumer-confidence-hits-seven-month-low-on-worse-outlookContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-consumer-confidence-hits-seven-month-low-on-worse-outlookhttps://www.live-feeds.com/feed/us-consumer-confidence-hits-seven-month-low-on-worse-outlook#u51419Sat, 29 Aug 2026 07:05:13 +0000US consumer sentiment fell in August to 51.7, marking the first decline in three months. High gas prices and a deteriorating economic outlook drove the slump, though expectations for inflation over the next year eased slightly. This downturn coincides with consumer prices rising 3.7% in July from a year earlier. The Conference Board previously linked the seven-month low in confidence to poor business conditions and job market concerns, while current data highlights the specific tension between immediate price pressures and improving long-term inflation views.Why it mattersPersistent energy cos https://www.live-feeds.com/feed/us-consumer-confidence-hits-seven-month-low-on-worse-outlookhttps://www.live-feeds.com/feed/us-consumer-confidence-hits-seven-month-low-on-worse-outlook#u49018Wed, 26 Aug 2026 09:05:26 +0000US consumer confidence fell to its lowest level in seven months during August 2026, according to the Conference Board. This decline stems from a deteriorating outlook for business conditions and the job market. High energy costs contributed to the slump, with gas prices remaining above $4 per gallon. Consumers expressed growing concern regarding the future of the economy, marking a shift in sentiment compared to previous periods of higher optimism.Why it mattersConsumer sentiment often serves as a leading indicator for household spending and overall economic growth. The current dip follows a p