Consumer confidence falls in August
August 28, 2012
The Conference Board Consumer Confidence Index, which had improved in July to 65.4, declined to 60.6 in August. That’s the lowest level since November 2011. The base year for the index is 1985.
“A more pessimistic outlook was the primary reason for this month’s decline in confidence,” said Lynn Franco, the Conference Board’s director of economic indicators. “Consumers were more apprehensive about business and employment prospects, but more optimistic about their financial prospects despite rising inflation expectations.”
The monthly survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen. The cutoff date for the preliminary results was Aug. 16.
Click the link below to print a print-friendly page of the this analysis.Print Page
Use our chart creator to generate charts using the data that was used in this analysis.TruckGauge Chart Creator
This functionality is only available to Premium Members. Please upgrade your account to gain access to the data used in this analysis.Upgrade to a Premium Member