The Conference Board consumer confidence index fell to 89.4 in August from 90.2 in July, marking its lowest level in seven months while remaining within the narrow range observed since January. Present-situation assessments improved modestly, but near-term expectations deteriorated amid sustained references to prices, gasoline above $4 per gallon, and geopolitical factors. Midterm elections are scheduled for less than 70 days from the survey period of August 3-16.