Confidence in the U.S. economy rose by 5.5 points in August to reach the highest it’s been since October 2000, according to an Aug. 28 report by the nonprofit Conference Board.
People’s confidence in the present situation improved by 6.1 points, while expectations for the future increased by 5.2 points, the board’s Consumer Confidence Index showed. This follows slight declines in expectations in June and July.
