U.S. consumer confidence rises more than expected in August

[Guno צְבִי]

U.S. consumer confidence rebounded more than expected in August after three straight monthly declines, with vacation intentions rising to an eight-month high, a potential positive signal for consumer spending.

The Conference Board said on Tuesday its consumer confidence index rose to 103.2 this month from 95.3 in July. Economists polled by Reuters had forecast the index climbing to 97.7.

The survey's present situation index, based on consumers' assessment of current business and labor market conditions,

https://www.reuters.com/markets/us/...e-rises-more-than-expected-august-2022-08-30/

 

[evince]

Of course some will deny this reality


Because to some facts just don’t matter

 

[evince]

Oh they are playing the “I see nothing” gig

 

[Cypress]

22 months ago, Donald Trumpf practically guaranteed that if Biden became president there would be a massive economic depression.