Loading...
According to a report by Golden Ten, the US Consumer Confidence Index fell 0.8 points to 89.4 in August, reaching its lowest level since the beginning of the year. The report shows that high gasoline prices and rising living costs have put pressure on American households, with the average gasoline price at gas stations hovering above $4 per gallon during the survey period. Consumers' perception of the current job market situation has improved, but their outlook on employment and income prospects for the next six months has become more pessimistic.