Consumer Confidence Hikes in August

Consumer Confidence Hikes in August 

Despite the August increase in overall confidence, respondents’ appraisals of 

current conditions and expectations for the next six months were mixed. 

While 82 percent of respondents rated current business conditions “good” (23 percent) 

or “normal” (59 percent), 56 percent of respondents characterized employment conditions 

as “jobs not so plentiful.” The remaining 44 percent were split evenly between 

“jobs plentiful” and “jobs hard to get."

Expectations for the coming six months for business and employment conditions were 

dominated (70+ percent) by “same” responses, with small increases in “better” and 

small declines in “worse. Full Article

Source: RISMedia