Connect with us

News

Consumer Confidence Continues Fall-Off

Advertisement

Consumer confidence plunged in August, according to the Conference Board, as Americans’ expectations on future business conditions, jobs and income fell.

Advertisement
Click Here to Read More
Advertisement

The Conference Board reported that its consumer-confidence index fell to 44.5 in August, the lowest level since April 2009 and down from July’s 59.2 mark.

"A contributing factor may have been the debt ceiling discussions since the decline in confidence was well underway before the S&P downgrade," said Lynn Franco, Conference Board consumer research director.

Advertisement
Click to comment

Bridgestone is a GM 2019 Supplier of the Year Winner

Continental Tire is a GM 2019 Supplier of the Year Winner

Big O Tires Gives to Family Raising Child with Rare Disease

Schrader Announces Shop Stool Giveaway Winners

Advertisement

POPULAR POSTS

Buyer Beware? Chinese Tires Mean Different Quality Levels

News

Cooper Introduces CS5, Phases Out CS4

News

Michelin Rolls Out Premier LTX

Featured

Toyo’s Celsius Plans to One-up All-Season Tires

Connect