2024 Presidential Race

September Consumer Confidence Falls The Most In Three Years​



  • The Conference Board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021.
  • Respondents’ concerns focused mostly on jobs and inflation.
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.


Each of the five components the organization samples fared worse on the month, with the biggest fall coming among those aged 35-54 and earning less than $50,000.

The last time the confidence index dropped more came as inflation was just beginning a climb to what ultimately was the highest level in more than 40 years.

 
  • Like
Reactions: CobbVol

VN Store



Back
Top