Wednesday,  December 11 , 2024

Linkedin Pinterest
News / Business

U.S. consumer confidence falls in August to lowest in 6 years

By MARTIN CRUTSINGER, AP Economics Writer
Published: August 25, 2020, 8:43am

WASHINGTON — U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened pessimism.

The Conference Board, a New York research organization, reported Tuesday that its Consumer Confidence Index declined to a reading of 84.8

Thank you for reading The Columbian.

Subscribe for only $99/year to get unlimited access.

Already a subscriber? Sign in right arrow icon

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...