( ) -q-27- UNDATED (Correspondent Jeremy House) “133.1 last month.” A combination of encouraging news on the economy and inflation has led to an increase in U.S. consumer confidence. [CutID: <Cuts> CONSUMER-CONFIDENCE-house-q-TUEam.mp3 Time: 27s Title: CONSUMER-CONFIDENCE-house-q-TUEam Out-cue: 133.1 last month] TAG: Correspondent Jeremy House reporting. The index measures both Americans’ assessment of current economic conditions […]
Audio
US consumer confidence rises in August
( ) -q-27- UNDATED (Correspondent Jeremy House) “133.1 last month.”
A combination of encouraging news on the economy and inflation has led to an increase in U.S. consumer confidence.
[CutID: <Cuts> CONSUMER-CONFIDENCE-house-q-TUEam.mp3
Time: 27s
Title: CONSUMER-CONFIDENCE-house-q-TUEam
Out-cue: 133.1 last month]
TAG: Correspondent Jeremy House reporting. The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. Consumer spending accounts for nearly 70% of U.S. economic activity and is closely watched by economists.
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VERBATIM: The Conference Board reports its gauge of consumer sentiment rose during August to 103.3 from an upwardly revised 101.9 the month before. The measure of Americans’ short-term expectations for income, business and the job market rose to 82.5 from 81.1 in July. Consumers’ view of current conditions rose to 134.4 in August from 133.1 last month.