US Consumer Confidence Hits 12-Year Low
US consumer confidence dropped significantly in September to its lowest level in over 12 years. According to The Conference Board, the consumer confidence index fell by 6.7 points to 81.9, marking the lowest reading since 2014, as consumers expressed increased pessimism regarding the business environment and labor market for the next six months.
Summaries are written by AI from the original article. Not investment advice.