“Consumer confidence increased for the fourth consecutive month as improving business conditions and robust job growth helped boost consumers’ spirits. Looking ahead, consumers were marginally less optimistic about the short-term outlook compared to July, primarily due to concerns about their earnings. Overall, however, they remain quite positive about the short-term outlooks for the economy and labor market.” – The Conference Board
Sources:
- “The Conference Board Leading Economic Index (LEI) for the U.S. Increased in July” – www.conference-board.org 08/21/14
- “New Residential Construction In July 2014” – www.census.gov 08/19/14
- “Advance Monthly Sales for Retail and Food Services” – www.census.gov 08/13/14
- “The Employment Situation Summary” – www.bls.gov 07/03/14
- “Advance Report on Durable Goods Manufacturer’s Shipments, Inventories and Orders July 2014” – www.census.gov 08/26/14
- “July 2014 Non-Manufacturing ISM Report on Business” – www.ism.ws 08/05/14
- “July 2014 Manufacturing ISM Report on Business” – www.ism.ws 08/01/14
- “The Conference Board Consumer Confidence Index Improves Again” – www.conference-board.org 08/26/14