According to preliminary survey results released on the 25th by the American research agency World Federation of Large Enterprises, the US consumer confidence index for August was 89.4, lower than 90.2 after the July revision. This is the second consecutive month of decline, reflecting the fact that American consumers have become more pessimistic about future expectations. According to the survey, the consumer expectations index reflecting short-term income prospects, business and job market conditions fell 5.8 to 68.2 in August.

According to preliminary survey results released on the 25th by the American research agency World Federation of Large Enterprises, the US consumer confidence index for August was 89.4, lower than 90.2 after the July revision. This is the second consecutive month of decline, reflecting the fact that American consumers have become more pessimistic about future expectations. According to the survey, the consumer expectations index reflecting short-term income prospects, business and job market conditions fell 5.8 to 68.2 in August.