Consumer confidence fell in the US in September
September 25, 2024
In the United States, the Conference Board’s Consumer Confidence Index® fell to 98.7 points in September from an upwardly revised 105.6 points in August (1985=100). The Current Situation Index, which reflects consumers’ assessment of current economic and labor market conditions, fell 10.3 points to 124.3 points. The expectations index, which reflects consumers’ short-term outlook for income, business opportunities, and the labor market, has declined 4.6 points to 81.7, but is still above 80. (Normally, a reading below 80 indicates an impending recession.) Preliminary results closed on September 17, 2024.