Shoppers choose a backpack at a Target store, Thursday, Aug. 13, 2026, in Woodbury, Minn. (AP Photo/Ellen Schmidt)
\n\nA shopper browses the frozen aisle at a Target store, Thursday, Aug. 13, 2026, in Woodbury, Minn. (AP Photo/Ellen Schmidt)
\n\nA person loads groceries in plastic bags into their vehicle, May 18, 2026, at a grocery store in Cincinnati. (AP Photo/Joshua A. Bickel, File)
\n\nShoppers browse the produce section at a Target store, Thursday, Aug. 13, 2026, in Woodbury, Minn. (AP Photo/Ellen Schmidt)
\n\nWASHINGTON (AP) — Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push U.S. gasoline prices above $4 per gallon.
\n\nThe Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months but was essentially within the same lukewarm range it has been in since the beginning of the year. In late 2024 and early 2025, readings were consistently above 100.
\n\nRespondents’ views of their present situation improved, but their short-term outlook soured.
\n\nAmericans remain frustrated with the economy after five years of elevated inflation, potentially posing a risk to President Donald Trump and Republicans in…
Original source: https://apnews.com/business