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U.S. Consumer Confidence Drops to 89.4 Before Midterms

8/26/2026

48 4 Full Breakdown

Summary

Story summary

U.S. consumer confidence fell to 89.4 in August, the lowest in seven months.
Gasoline prices stayed above $4 per gallon adding budget pressure.
The expectations index dropped to 68.2, the lowest since January.
The decline appears less than 70 days before the midterm elections, challenging President Donald Trump and Republicans.

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Story summary

U.S. consumer confidence fell to 89.4 in August, the lowest in seven months.
Gasoline prices stayed above $4 per gallon adding budget pressure.
The expectations index dropped to 68.2, the lowest since January.
The decline appears less than 70 days before the midterm elections, challenging President Donald Trump and Republicans.