Consumers gained back a bit of their confidence this month, sending retail stocks 1.8 percent higher Tuesday, but economists warned that they’ll have to regain more of their spending power before the economy can fully recover.
The Conference Board’s Consumer Confidence Index, based on a survey of 5,000 U.S. households, bounced back in August, rising to 54.1 from 47.4 in July and 49.3 in June and changing course after two consecutive months of declines. The results suggested Americans are beginning to feel better about their short-term economic outlook.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)