Consumer Confidence Strengthened in August
The Conference Board Consumer Confidence Index increased 2.9 points to 122.9 in August, the second consecutive monthly increase, though last month’s index was downwardly revised from 121.1 to 120.0. The Present Situation Index rose 5.8 points to 151.2, the fourth consecutive monthly increase. The Expectations Index grew 1.0 point to 104.0 after posting a 3.4