Sep 26, 2023 - Economy
Consumer confidence hits 4-month low
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Consumer confidence fell in September for the second straight month and is now at a four-month low, per a Conference Board survey released Tuesday.
Why it matters: It's the latest sign that Americans are increasingly unhappy with higher prices — particularly for groceries and gas.
- People are also increasingly worried about politics and higher interest rates, the Conference Board's chief economist Dana Peterson said in a press release.
- Confidence declined across all age groups, and most notably for those with household incomes above $50,000 a year, she said.
