Skip to Content

US consumer confidence slides for third consecutive month

Andrew Cuomo

By MATT OTT
AP Business Writer

SILVER SPRING, Md. (AP) — U.S. consumer confidence declined for the third straight month in September amid ongoing worries about the rapidly-spreading delta variant of the coronavirus. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 109.3 in September, down from 115.2 in August. September’s reading is lowest level for the index since it sank to 95.2 in February. The board said consumers’ view of both the present situation and future expectations continued to degrade as intentions for spending on big items likes homes, autos and major appliances all retreated again. Concerns about inflation are also dampening consumer sentiment.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content