Conference Board News Release (08/26/14)
The Conference Board Consumer Confidence Index increased from 90.3 in July to 92.4 in August. The Present Situation Index grew from 87.9 to 94.6 and the Expectations Index dropped from 91.9 to 90.9 in July. The number of consumers who view business conditions as “good” went up from 23.3% to 23.9% and the amount of consumers who view business conditions as “bad” fell from 22.8% to 21.5%. Consumers who believe jobs are “plentiful” increased from 15.6% to 18.2% while those who say jobs are “hard to get” fell from 30.9% to 30.6%.
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