Today’s Lead Story
Saturday, August 1Consumer News
Consumer Confidence Falls to 90.8 in July — Third Straight Monthly Decline
via The Conference Board
The Conference Board's Consumer Confidence Index fell for the third consecutive month in July, dropping 1.4 points to 90.8. Consumers cited rising grocery and fuel costs as the main reasons their view of current economic conditions has softened.
Why it matters
When household confidence slides three months running, it often signals that budgets are being tightened — a good time to review your own spending plan before the pull-back happens to you.
