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Consumer confidence falls to 89.4, seven-month low

8/25/2026

27 5 Full Breakdown

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Story summary
  • The Conference Board reported U.S. consumer confidence fell to 89.4 in August, a seven-month low.
  • June personal consumption expenditures price index increased 3.7% year-over-year.
  • Employers cut 23,000 jobs in July, stalling the U.S. job market.
  • Labor Department revisions erased 103,000 jobs from May and June payrolls, while unemployment fell to 4.1%.
  • Only 14.6% expect more jobs in the next six months, down from 16.4%.