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8/17/2012 11:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Consumer Confidence Improves In August

Consumer confidence improved in August, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

The preliminary index for the month rose to a reading of 73.6, from 72.3 in July.

Economists had predicted a small change at 72.2, Bloomberg reported.

The survey’s index of current conditions asks Americans if they are better off than they were a year ago and if it's a good time to buy big-ticket items.

By Transport Topics

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