By: The Associated Press (AP) U.S. consumer confidence remained steady for the second week in a row, according to an ABC News/Money Magazine poll released Wednesday.
The consumer comfort index was unchanged at negative 17 for the week ended Aug. 10.
According to the survey, 27 percent of respondents expressed confidence in the economy, unchanged from the week before. Also, 58 percent of those polled said their own finances were in good standing, up from 57 percent in the prior week. In assessing the buying climate, 40 percent of respondents said it was good, the same as a week earlier.
The poll has a margin of error of plus or minus three percentage points.
The consumer comfort index was based on a random survey of 1,003 respondents nationwide ended Aug. 10. The index measures typical Americans' confidence in three areas: the national economy, their own finances, and their willingness to spend money, according to the report.
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