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U.S. Consumer Confidence Slips in August Amid Elevated Gas Prices

U.S. Consumer Confidence Slips in August Amid Elevated Gas Prices

The Conference Board’s confidence index fell to 89.4 in August from 90.2 in July, The Guardian reports. Persistently high gasoline prices above $4 per gallon and years of elevated inflation weighed on sentiment.

Original headline

US consumer confidence falls in August as gas prices remain above $4 per gallon