U.S. consumer confidence improves again in August

WASHINGTON — American consumers give today’s economy the highest grade in more than 16 years.

The Conference Board said Tuesday that consumers’ assessment of current economic conditions hit the highest level this month since July 2001. The business research group’s overall consumer confidence index, which takes into account Americans’ views of current conditions and their expectations for the next six months, rose to 122.9 in August from 120 in July.

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