U.S. consumer confidence unexpectedly falls in August
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FILE PHOTO: Shoppers are seen wearing masks while shopping at a Walmart store in Bradford, Pennsylvania, U.S. July 20, 2020. REUTERS/Brendan McDermid/File Photo
WASHINGTON (Reuters) - U.S. consumer confidence fell for second straight month in August as households worried about the economic outlook.
The Conference Board said on Tuesday its consumer confidence index dropped to a reading of 84.8 this month from 91.7 in July. Economists polled by Reuters had forecast the index edging up to a reading of 93 in August.
(Reporting By Lucia Mutikani)
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