U.S. Consumer Confidence Index Drops to Lowest Level of the Year in August
2026-08-25 22:30:02
According to CoinMeta, the U.S. Consumer Confidence Index fell by 0.8 points in August to 89.4, reaching its lowest level since the beginning of the year. The report indicates that high gasoline prices and rising living costs are putting pressure on American families, with the average gasoline price at gas stations across the U.S. hovering above $4 per gallon during the survey period. Consumers' views on the current job market have improved, but they are more pessimistic about employment and income prospects over the next six months.
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Source:Internet
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