Axios
Consumer confidence plunged by the most in three years this month as more Americans adopt increasingly negative perceptions of the current and future economy.The big picture: The Conference Board’s Consumer Confidence Index fell almost 7 points to 98.7 in September — the biggest monthly drop since September 2021.Why it matters: It’s not just monetary policy officials who are worried about a labor market slowdown…
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U.S. consumers see storm clouds gathering
Courtenay Brown
23:20
Consumer confidence plunged by the most in three years this month as more Americans adopt increasingly negative perceptions of the current and future economy.The big picture: The Conference Board’s Consumer Confidence Index fell almost 7 points to 98.7 in September — the biggest monthly drop since September 2021.Why it matters: It’s not just monetary policy
