Retail Sales Nudge Up; Confidence Edges Down

Following a surge in July, when the confidence rating was the highest its been in six years, early August’s level is sinking. In a survey conducted by BIGresearch, 43.8 percent of consumers contend they are very confident/confident in chances for a strong economy in August, down from July’s 47.8 percent. Still, it’s a sizable increase from last year at this time (38.6 percent). Here are some more findings of the survey.