Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran keeps gas prices elevated at more than $4 a gallon.
The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That’s the lowest level in seven months but essentially in the same lukewarm range its been in since the beginning of the year. In late 2024 and early 2025 the readings were consistently above 100.
