Consumer confidence worsened slightly in August, erasing some gains from the previous month and resuming a downward trend suffered at the outset of 2025, the Conference Board said on Tuesday. The souring of shopper attitudes followed a weak jobs report and a set of sweeping new tariffs issued by President Donald Trump. A lower-than-expected inflation report this month eased some concerns about significant tariff-induced price increases, though a measure of underlying inflation ticked up. The consumer confidence index declined 1.3 points to 97.4 in August, the Conference Board said. The figure came in higher than economists expected. The index has hovered around the same level over the past three months. Consumer spending, which accounts for about two-thirds of U.S. economic activity, is a

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