U.S. consumer confidence retreating from two-year high in August


The numbers: The index of U.S. consumer confidence dipped to 106.1 in August from a revised 114 in the prior month, the Conference Board said Tuesday.

Economists polled by The Wall Street Journal had forecast a modest pullback to 116 from the initial reading of 117, which was the highest level in two years.

The revised July reading was the…

This article was originally published by Marketwatch.com. Read the original article here.

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