Conference Board consumer confidence
US consumer confidence for August 2022
- consumer confidence better-than-expected at 103.2 vs. 97.7 estimate.
- The prior month was revised to 95.3 from 95.7
- present situation 145.4 in August vs. 139.7 in July (was 141.3)
- expectations index 75.1 in August vs. revised 65.6 in July (was 65.3)
- US jobs hard to get index 11.4 in August vs. July 12.4 (was 12.3)
- one year consumer inflation expectations 7.0% vs. 7.4% in July (was 7.6%)
A nice bump up in the consumer confidence which runs parallel to the lower oil prices and congruent with the Michigan consumer sentiment data as well.