According to the latest survey from The Conference Board, Americans are most confident about the current situation since November 2000 (but expectations for the future dipped in August).
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Headline consumer confidence in August fell to 135.1 vs 135.8 in prior month.
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Present situation confidence rose to 177.2 vs 170.9 last month
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Consumer confidence expectations fell to 107.0 vs 112.4 last month
That is the highest level of ‘Present Situation’ since Nov 2000
Source: Bloomberg
The Labor Differential indicator exploded higher (from 33.1 to 39.4) back near record highs…
Source: Bloomberg
via ZeroHedge News https://ift.tt/2MEpeEY Tyler Durden