Aug 25, 2026 1:26 PM EDT
WASHINGTON (AP) — Americans' confidence in the economy declined again this month as the ongoing conflict in Iran continued to push U.S. gasoline prices above $4 per gallon.
The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months but was essentially within the same lukewarm range it has been in since the beginning of the year. In late 2024 and early 2025, readings were consistently above 100.
Respondents' views of their present situation improved, but their short-term outlook soured.
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