Aug. Consumer Confidence: 44.5 vs. 52 expected, 59.5 in June - its lowest level since April...

|By:, SA News Editor
Aug. Consumer Confidence: 44.5 vs. 52 expected, 59.5 in June - its lowest level since April 2009. Expectations 51.9 vs. 74.9. Present situation 33.3 vs. 35.7. "A contributing factor may have been the debt ceiling discussions, since the decline in confidence was well underway before the S&P downgrade," the Conference Board says.