Consumer confidence in the United States rose slightly in August, surpassing expectations and continuing an uptrend. The Conference Board's consumer confidence index increased to 103.3, up from 101.9 in July. This positive development, though modest, bodes well for Vice President Kamala Harris ahead of the upcoming elections. Despite mixed sentiments among consumers, the overall outlook remains within a narrow range. Inflation expectations decreased to 4.9 percent, the lowest since the start of the pandemic.
