Consumer Confidence at High Point

In August, consumer confidence rose, posting a 133.4 reading in the Consumer Confidence Index® from The Conference Board. July’s reading was 127.9.
The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, improved, as well, to 107.6, while the Present Situation reading, which gauges how consumers feel about conditions currently, rose to 172.2.
“Consumer confidence increased to its highest level si