Updated: 26-Aug-25 10:19 ET
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Updated: 26-Aug-25 10:19 ET |
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Highlights
- The Conference Board's Consumer Confidence Index fell to 97.4 in August (Briefing.com consensus 96.3) from an upwardly revised 98.7 (from 97.2) in July. In the same period a year ago, the index stood at 105.6.
Key Factors
- The Present Situation Index fell to 131.2 from 132.8.
- The Expectations Index fell to 74.8 from 76.0, remaining below 80, which is a level that typically signals recession ahead.
- Average 12-month inflation expectations rose to 6.2% from 5.7%.
Big Picture
- The key takeaway from the report is that the August downtick was due to decreases in the Present Situation Index and the Expectations Index, though the overall confidence index has not changed much since the report for May.
Category |
AUG |
JUL |
JUN |
MAY |
APR |
Conference Board |
97.4 |
98.7 |
95.2 |
98.4 |
85.7 |
Expectations |
74.8 |
76.0 |
69.9 |
73.6 |
55.4 |
Present Situation |
131.2 |
132.8 |
133.0 |
135.5 |
131.1 |
Employment ('plentiful' less 'hard to get') |
9.7 |
11.0 |
12.2 |
12.7 |
13.7 |
1 yr inflation expectations |
6.2% |
5.7% |
5.9% |
6.4% |
7.0% |