US consumer confidence falls in August as gas prices remain above $4 per gallon

Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push US gasoline prices above $4 per gallon. The Conference Board said on Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the…