The Conference Board’s gauge of sentiment increased to 103.3 from an upwardly revised 101.9 a month earlier. — Bloomberg
NEW YORK: US consumer confidence rose to a six-month high in August as more upbeat views of the economy and inflation offset waning optimism about the labour market.
The Conference Board’s gauge of sentiment increased to 103.3 from an upwardly revised 101.9 a month earlier, data out on Tuesday showed. The median estimate in a Bloomberg survey of economists called for a reading of 100.7.
