Americas
Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation
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United States — Associated Press
Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation
Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push US gasoline prices above $4 per gallon.
The Conference Board said on Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months but was essentially within the same lukewarm range it has been in since the beginning of the year. In late 2024 and early 2025, readings were consistently above 100.
Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push US gasoline prices above $4 per gallon.
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Associated Press. Published 25 Aug 2026, 03:56 pm.
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